Since July, the domestic acetone market has continued to decline. The domestic acetone market has been trading at an average price of 5210 yuan/ton since July 1st, down to 4880 yuan/ton on July 11th, a decrease of 6.38%; The East China market dropped from 5010 yuan/ton to 4750 yuan/ton, with the market dropping as low as 4550 yuan/ton during this period.

Since July, domestic phenol ketone units have been continuously adjusted. Currently, Hengli Petrochemical plans to shut down for maintenance around July 20th, which is expected to last for a week; Shanghai Xisa has a short-term maintenance plan at the end of the month. Currently, Yanshan Petrochemical, Gaoqiao Petrochemical, Jilin Petrochemical, and Huizhou Zhongxin Phase I are undergoing long-term parking.
The operating rate of the downstream MIBK industry has increased, while the operating rate of MMA has declined with the reduction of negative load in the second phase of Zhejiang Petrochemical. The operating rate of the isopropanol industry has also shown a slight decrease. The solvent industry has been affected by high temperature weather and the rainy season in the south, and the overall demand for acetone has decreased. The downstream purchasing sentiment is not high, and they mostly follow up with urgent needs.
From the perspective of Shengyi Society, the short-term acetone market is mainly characterized by range fluctuations. In the first half of the year, the acetone market has experienced its lowest decline in nearly two years. In terms of supply, Yangzhou Shiyou has restarted, Zhenhai Refining and Chemical phenol ketone products are exported, and the four downstream industries have experienced some decline. Currently, there is a lack of conditions to push up the market, and short-term range fluctuations are the main focus.