The acetone market is on the rise

Since the end of August, as the recent contract goods have been exhausted, the pressure on the holders has decreased, and the acetone offer has continued to rise
.

Industry insiders believe that the circulation of goods is expected to decrease, in the holder of the price situation, it is expected that the acetone market "golden nine" is full of
color.

Reduced supply of goods

Recently, the load of domestic phenolone devices is low, the supply is reduced, and the shipping pressure of mainstream manufacturers is not large
.

According to Han Xiaojie, an analyst at Longzhong Information, before the Mid-Autumn Festival, the overall operating rate of domestic phenolone plants was about 70%.

In addition, in early September, due to the typhoon weather, some ships had difficulty in calling the port, and the arrival of acetone was limited, so the port inventory fell
rapidly.

Demand is rising steadily

The main downstream of acetone is bisphenol A, methyl methacrylate (MMA), isopropanol, methyl isobutyl ketone (MIBK) and so on
.

In addition, the increase in the operating rate of downstream plants is also expected to drive the acetone market to continue to rise
.

In terms of bisphenol A, the 480,000 tons/year of Wanhua Chemical Group Co.

In terms of MMA, Jiangsu Sierbang Petrochemical Co.

In terms of isopropanol, the plant operating rate remained at 61%, and the overall change was not much
.

Overall, the domestic demand for acetone may be stable and rising
.

Quote set upwards

In the context of reduced supply and demand, acetone plants have no inventory pressure
.

According to the statistics of the business agency, as of September 19, Shandong Lihua Yiweiyuan Chemical Co.

"At present, the supply side of the acetone market is tight, the demand side is good, and the cost is also supported
.