This week, the domestic acetone market continues to be weak (8.15-22)

The domestic acetone market continues to be weak. From the perspective of the national acetone market, the daily quoted price was 4780 yuan/ton on August 15th to 4720 yuan/ton on August 22nd, a decrease of 1.26%. The East China region shows a trend of first falling and then rising.

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The domestic acetone market has experienced a narrow decline, with Sinopec companies lowering their listed prices by 100 yuan/ton to 4700 yuan/ton within the week. As of the weekend, the total volume of acetone shipments in East China in August was 41000 tons, with less than 10000 tons in transit. During the week, raw material products slightly declined and cost support weakened, but phenol ketone manufacturers are still in a loss making state, with a production rate of around 75%. Downstream factories are mainly in urgent need, with average production and little intention to stockpile goods, and focus on following up on small orders.
The acetone offers in major mainstream markets across the country on August 22nd are as follows:
Region. Quotation on August 22nd /8.15-22
East China region / 4630./ -80
Shandong region / 4720./ -50
Yanshan region / 4720./ -100
South China region / 4800./ 0
From the perspective of Business Society, it is expected that acetone will remain strong next week. From the supply side, there has been little change in domestic equipment, with a phenol ketone operating rate of 78%, imported resources gradually replenished, and port inventory maintained at a high level. From the perspective of demand, downstream bisphenol A and isopropanol units have seen some improvement, while MIBK has not fluctuated significantly. However, overall procurement is still mainly based on demand, but with the passing of high temperature weather, the overall demand for solvent products will improve. From a cost perspective, the pure benzene market is weakening. At present, the acetone market is at a low level, and it is expected that the acetone market will remain stable or have a narrow upward trend next week.

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