Price trend
The listing price of Sinopec East China Factory was 5,850 RMB/ton, and the listing price of Sinopec North China Factory was 5,900-5,950 RMB/ton.
Analysis review
On the 17th, the domestic acetone market showed a slight weakness, with terminal factories operating at a flat pace and mainly purchasing for essential needs. There was a lack of active entry into the market to stockpile goods, and traders were affected by market sentiment, resulting in an increase in willingness to sell at a discount and a slight market stalemate.
Market outlook
It is expected that the acetone market will fluctuate within a certain range today.
The acetone offers in various markets across the country on October 17th were as follows:
East China region: 5,850-5,900 RMB/ton, unchanged
Shandong region: 5,950-6,000 RMB/ton, unchanged
Surrounding area of Yanshan Mountain: 5,950-6,000 RMB/ton, unchanged
South China region: 5,950 RMB/ton, down 50 RMB/ton
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