SunSirs: The Domestic Acetone Market Fluctuated within a Certain Range

Price trend

The domestic acetone market fluctuated within a certain range. According to the analysis system of SunSirs, the national acetone market quoted a price of 5,862.5 yuan/ton since December 17th, and the negotiated price reference in the East China market was 5,800 yuan/ton.

Market outlook

Part of the terminal factories tendered for replenishment, and market negotiations were still acceptable. Traders' mentality had been boosted, and there was a clear upward trend in pricing sentiment. The offers have been pushed up, but due to the fact that demand was mostly rigid, inventory intentions were not high, and the participation of intermediate traders was limited, the upward space for prices was limited. It is expected that the market will remain at 5,800-5,900 yuan/ton this week.

The acetone offers in major mainstream markets across the country on December 17th were as follows:

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