SunSirs: Morning Forecast of Domestic Acetone Market on September 24th
September 24 2024 14:32:15 SunSirs (John)
Price trend
The domestic acetone market is on the rise, with Sinopec's East China listing price increasing by 100 to execute 5,800 RMB/ton, and Sinopec's North China listing price increasing by 100 to execute 5,800-5,850 RMB/ton.
Analysis review
As the National Day holiday approaches, some downstream factories are interested in restocking, and the market trading atmosphere is improving, supporting the mentality of traders. Sinopec has raised its listing price due to market influence.
Market outlook
It is expected that acetone will steadily rise today, and the price in the East China market is expected to be between 5,850-5,900 RMB/ton.
On September 23, the offer of acetone in major mainstream markets across China ws as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
5,850-5,900 |
50 |
|
Shandong |
5,950 |
100 |
|
Yanshan |
5,900 |
50 |
|
South China |
5,950 |
50 |
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