In November, the domestic acetone market first suppressed and then rose, showing a slight downward trend overall. According to the Commodity Market Analysis System of Shengyishe, the national acetone market has experienced a decrease of 1.4 yuan/ton from 7162 yuan/ton on November 1st to 7062 yuan/ton on November 30th.

Average price trend chart of acetone in the national market

The acetone quotations in major mainstream markets across the country on November 30th are as follows:

Region/ Price on November 30th/ Monthly fluctuations

East China region/ 6800./100

Shandong region/ 6950./100

Yanshan region/ 6950./100

South China region/ 7600./50

At the beginning of the month, there was sufficient supply of domestic resources, timely replenishment of port volume, and a large flow of spot goods in the market. From a downstream perspective, more terminals were purchased according to demand, with more single orders being negotiated, and overall small orders being the main focus. Traders offered according to the market.

In the middle of the month, the maintenance equipment of the phenol ketone factory was relatively concentrated, and many large units reported parking plans. In the situation where the expected shortage of spot resources was approaching, the intention of traders to ship at a low level weakened, and the prices quickly increased. Terminal factories entered the market to supplement, and the trading atmosphere improved. Although the factories still controlled the shipping pace at the end of the month, the overall purchasing power of downstream was limited, and the market maintained a strong operation.

In December, the domestic acetone market may show a mixed trend of ups and downs. In terms of supply, the new production capacity of Hengli Petrochemical is expected to be released in December, and the expectation of import contracts being the main focus is relatively average. From the demand side, downstream bisphenol A may have new production capacity released, while other downstream isopropanol and MMA will follow up as needed. It is expected that the acetone market in East China will fluctuate within the range of 6600-7200 yuan/ton in December.