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[Industry Focus]：Acetone market price strengthens and downstream demand picks up

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In recent years, the domestic market of acetone is strong. The main reasons are analyzed: the recent contract shipment pressure is not great, the supply in East China is concentrated, the holders actively promote the mood, the downstream factories enter the market to supplement, the demand is slightly rising, the petrochemical enterprises store price intention today, the holders have a good mentality, and the focus of market negotiations is steadily rising. As of this afternoon, the average market price was 5017 yuan/ton, up 1 yuan. 19% from the same period last month.

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since August, the acetone domestic market has been in a game state, the beginning of the month international crude oil prices fell, intensifying the wait-and-see sentiment, Zhejiang plant phenol ketone plant and Huizhou plant phenol ketone plant resumed restart, supply is facing acetone market suppression, downstream enterprises purchase demand, supply and demand is weak, the focus of market negotiations slightly weakened. As some terminal factories entered the bottom of the market to supplement, the market trading atmosphere improved briefly and the focus of negotiations increased slightly. But the good times did not last long, the terminal factory replenishment soon ended, the downstream enterprise delivery is low, although the demand side to some extent inhibited the acetone market, but the holder's profit intention is not strong, the market supply and demand game, the negotiation center of gravity narrow weakened. Near the end of the end of the delivery period, the market contract delivery pressure is not great, Luxi factory production bisphenol A into the market to purchase raw material phenol ketone, resulting in Shandong spot tension, superimposed on the East China supply concentration, terminal factory into the market supplement rhythm accelerated, the market trading atmosphere is active, both supply and demand support, the focus of market negotiations rose.

plant: recently, the 650,000-ton/year phenol ketone plant in the second phase of a factory in Zhejiang resumed its restart on August 8, the 300,000-ton/year phenol ketone plant in Huizhou resumed its restart on August 5, the 320,000-ton/year phenol ketone plant in Yangzhou stopped its maintenance from August 2 to August 18, and the 400,000-ton/year phenol ketone plant in a factory in Shanghai stopped its maintenance on August 15. It is estimated that the 150,000-ton/year phenolic ketone plant in a Harbin factory will stop maintenance on August 5.

raw material end: raw material end pure benzene: the recent domestic pure benzene market fell after the rebound, port inventory arrival continues to increase, downstream, the terminal still has the intention to replenish, demand slightly increased, boost the market, operators to quite high prices to ship. Raw material end propylene: crude oil operation is weak, but polypropylene futures operation is strong, downstream manufacturers operating rate rose narrowly, storage of a certain hoarding plan, raw material propylene demand rose slightly, propylene market price impact rose, in the current cost support, downstream demand is good, the overall market gradually rebounded.

: So far, the phenolic ketone plant in a factory in Huizhou will resume restart next week, while the 400,000-ton/year phenolic ketone plant in a factory in Shanghai and the 150,000-ton/year phenolic ketone plant in a factory in Harbin will be lifted until the end of September. It is expected that the supply side will not fluctuate much. The replenishment rhythm of downstream factories entering the market is still good, and the demand side may no longer restrain the acetone market; it is expected that the trend of double raw materials will also be preferred next week; under the interweaving of various factors, the domestic market price of acetone is expected to run strongly in the past week, and the price will change between 4900 and 5400 yuan/ton. Pay attention to the changes in the news.

Source: Business News Agency

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