Price trend
On February 15, Sinopec East China acetone listing price was 5,450 RMB/ton, Sinopec North China acetone listing price was 5,450-5,500 RMB/ton.
Analysis review
The market fundamentals were optimistic, the traders had a positive operating attitude, the offer was firm, the participation of the intermediate traders was high, the inquiry enthusiasm of the terminal factory was increased, the actual order submitted for purchase just in needed, and the export was improved, so the support was good.
Market outlook
After the acetone price continues to rise, the downstream needs to be digested. It is expected that the acetone price will remain high and stable today (February 16), and the reference price of acetone in the East China market will be 5,430-5,500 RMB/ton.
On February 15, the offer of acetone in major mainstream markets across the country was as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
5,450 |
70 |
|
Shandong |
5,700 |
100 |
|
Yanshan |
5,650 |
100 |
|
South China |
5,850 |
100 |
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