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SunSirs: Morning Forecast of Domestic Acetone Market on October 18th
October 18 2024 09:24:09SunSirs(John)

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

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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