First, the price trend

According to the monitoring of commodity data of the business community, the domestic acetone market was affected by the operating rate of the phenolic ketone plant, and the market once again rose, with a single-day increase of 6.02%. As of now, the domestic enterprise price is 5866.67 yuan / ton, an increase of 300-400 yuan / Ton.

Second, analysis and review

Products: Entering August, the domestic phenolic ketone market was rapidly affected by the start of the plant. However, due to the lack of upstream demand and port inventory in the middle of the month, the upstream power was insufficient, and there was a slight downward trend in the end of the month. In September, the operating rate of domestic installations further decreased, and port inventory fell. Bluestar Harbin 150,000 tons/year installation, Huizhou Zhongxin 300,000 tons/year phenolic ketone plant, Sinopec Mitsui 400,000 tons/year device were in parking state, Xisha Because of limited raw materials, low-load operation; Zhonghai Shell 350,000 tons / year device parking for some reason; Zhongsha Petrochemical September 3-25 overhaul, operating rate decreased, supply again, the market pushed up, today manufacturers listed up.

Market situation: Up to now, Shandong Lihua Yiweiyuan has reported 6,000 yuan/ton, traders’ offers have been synchronized, prices around Yanshan have risen sharply, and the offer in East China is 5,800 yuan/ton; the price in South China is high.

Industry chain: Sinopec’s pure benzene listing price is 7,250 yuan / ton; although the current price is slightly loose, but the overall price is at a high level, the propylene price market is strong at around 9350-9400 yuan / ton, from the cost side of the full power. At present, the overall market for acetone is stable, mostly for purchase. Downstream isopropanol market volatility, the terminal plant operating rate is stable, and downstream demand is just the mainstay.

Third, the market outlook

The favorable factors, the entry of the national phenolic ketone plant in September was less than 40%, and the supply in Shandong and South China was particularly tight, and the downstream mostly procured from the East China region. However, the port cargo in East China was affected by the depreciation of the RMB, and the current supply was tight, and the contractors were reluctant to sell. Obviously, and the cost side still has support. Negative factors, downstream demand in general, manufacturers just need to purchase mainly, the on-site operating rate is relatively stable. The acetone analyst of the business community believes that: in September, manufacturers have more overhauls, warehouses control goods, and the short-term market may have upward expectations.