Price trend
On January 3rd, the acetone market continued its upward trend. Sinopec North China increased its listing price by 300 RMB/ton to 7,500 RMB/ton, while Sinopec East China increased its listing price by 400 RMB/ton to 7,500 RMB/ton.
The acetone quotations in major mainstream markets across the country on January 3rd were as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
7,550 |
50 |
|
Shandong |
7,550 |
350 |
|
Yanshan |
7,550 |
350 |
|
South China |
7,500 |
100 |
Market outlook
Considering the downstream acceptance of high priced raw materials, SunSirs expects the negotiated price in East China to be between 7,500-7,600 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.