SunSirs: The Domestic Acetone Market Remained Strong and Rose on January 13th

Price trend

Sinopec East China's listing price increased by 100 RMB/ton, with an execution of 6,050 RMB/ton, while Sinopec North China's listing price increased by 100 RMB/ton, with an execution of 6,150 RMB/ton. The port inventory has significantly decreased to 23,000 tons, and the rise in raw materials has driven a positive attitude among traders. According to the analysis system of SunSirs, the negotiated price reference in the East China market was 6,000 RMB/ton, an increase of 100 RMB/ton from the previous day.

Analysis review

Raw materials were supported by rising prices, spot circulation sources were tightening, petrochemical companies were raising their listing prices in a concentrated manner, traders had a positive attitude, and offers were rapidly rising.

Market outlook

It is expected that the acetone market will operate at a high level in the short term.

The acetone offers in major mainstream markets across the country on January 13th were as follows:

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