The domestic acetone market experienced a rise followed by a decline. The national acetone market reported a price of 5950 yuan/ton on April 11th and 5997 yuan/ton on April 18th, an increase of 0.8%. From the perspective of the acetone market in East China alone, there is a fluctuation space of 50 yuan/ton for first rising and then suppressing, and the current offer is at 5900 yuan/ton.
PVA 1799 (PVA BF17) |
The cargo has arrived and the port inventory has increased at the beginning of the week. As the cargo gradually arrived at the port, the port inventory increased to 27000 tons at the beginning of the week. The operating rate of domestic enterprises for phenol ketone is 70%, and the supply pressure is not significant. The trading volume remains stable, with some tentative high reports. And with the rebound of the pure benzene market, costs have supported acetone.
Downstream demand consolidation is poor, procurement is slow, and there is room for negotiation on actual orders. The acetone market has limited fluctuations during the week, and traders mainly focus on shipping.
The acetone offers in major mainstream markets across the country on April 318 are as follows:
Region/ Quotation on March 31st/ Weekly increase and decrease
East China region/ 5920./ 70
Shandong region/ 6020./ 100
Yanshan region/ 6050./ 100
South China region/ 6050./ 50
It is reported that the inventory at Jiangyin Port on the 14th was 27000 tons, slightly higher than last week. On the 17th, the acetone cargo statistics were 36000 tons, with 18000 tons in transit. The current operating rate of phenol ketone enterprises remains around 70-80%.
It is expected that the acetone market will continue to fluctuate within a certain range next week. The Tianjin Zhongsha plant is scheduled to shut down for maintenance next week. The supply pressure of phenol ketone enterprises is not high, and there is a high possibility of stable and firm offers from traders. In the short term, the terminal demand is still mainly driven by demand. Settlement is approaching next week, and trading is average, with limited market volatility. The market in East China is mainly priced at 5900-6000 yuan/ton.
http://www.polyvinylalcohols.com |