The domestic acetone market entered the adjustment state after rising

This week, the domestic acetone market was generally upward, but the market was stable near the holiday, and the actual orders in some regions were reduced. According to the monitoring data of business agency, the average offer of domestic acetone market was 5850 yuan / ton on May 27 and 6250 yuan / ton on June 2, up 4.25% in the week. Before the holiday, the offer in East China market was about 6050 yuan / ton, that in South China was 6280 yuan / ton, and that in North China and the surrounding areas of Shandong was 6300 yuan / ton.

Trend chart of average acetone price in East China market

Driven by the continuous rise of crude oil at the raw material end, the raw material pure benzene remains high, and the phenol ketone plant has been in a loss situation for a long time. In order to reverse this situation, the acetone in the phenol ketone plant has continuously raised the bill price for many times, accumulating around 300 yuan / ton. The plant’s rise has brought the market up, the operator’s mentality has been strongly supported, and the market offer has been pushed up.

The downstream MMA added new production units. After the first round of goods preparation before the festival, the trading atmosphere improved, which provided strong support for the upstream. However, with the price increase, the downstream goods preparation before the festival also basically ended. Near the holiday, some traders intend to ship with the intention of transferring profits. The bisphenol a market also experienced a narrow correction before the festival. After a sharp decline in the early stage, the participation of some intermediate traders increased, and many of them were willing to store goods at low prices. Further, the market inquiry increased, with an increase of 100-200 yuan / ton before the festival.

At present, the phenol ketone plant is still close to the profit and loss, and the enthusiasm for pushing up still exists. However, the operators in the field have a stable mentality, the offer remains firm, and they always pay attention to the trend of the plant. After the festival, it is the beginning of the month, and the downstream mainly digests contracts. The terminal has little enthusiasm for replenishment, and the trading volume may not be high. The business agency expects that the domestic acetone market will be mainly adjusted in a narrow range next week.