On April 6th, Sinopec North China raised its listing price by 200 yuan per ton to execute a 6400 yuan/ton increase. The overhaul of the Yanshan Petrochemical plant is imminent, and the operating rate of domestic phenolic ketone plants is declining. In April, as the plant overhaul season enters, it is expected that the domestic supply of goods will decline. Moreover, at the beginning of the month, supported by the rising cost of crude oil, the reluctance to sell among cargo holders has increased, and the market is rapidly rising. It is expected that there will still be upward momentum tomorrow.
The acetone offers in major mainstream markets across China on April 6th are as follows:
Region/ Quotation/ Fluctuation range
East China region/ 6300./ 150
Shandong region/ 6400./ 100
Yanshan region/ 6450./ 150
South China region/ 6600./ 150
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