SunSirs: Early Forecast of Domestic Acetone Market on August 28th

https://www.chemnet.com   Aug 28,2024 SunSirs

Price trend

On August 27th, Sinopec East China listed acetone at a price of 6,400 RMB/ton, and Sinopec North China listed at a price of 6,400-6,450 RMB/ton.

Analysis review

The domestic acetone market continued to decline, reaching its lowest point this year. Terminal factories had increased their intention to replenish, and the participation of intermediate traders had increased. Market trading had significantly improved. With the end of the month approaching, some traders had limited supply, and there was a strong upward sentiment.

Market outlook

On the afternoon of the 27th, the market rose, and it is expected that the acetone market will continue to open strongly today.

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