Entering September, the domestic acetone market continued to decline. The acetone market in East China has been trading at an average price of 4550 yuan/ton since September 1st, and has dropped by 100 yuan/ton to 4450 yuan/ton on September 2nd. From the perspective of the national acetone market, there are fluctuations of the same magnitude.
| Azodicarbonamide (AC foaming Agent) |
The market has abundant spot resources, but there is pressure on manufacturers to ship, while the intention of terminal replenishment is not high, and trading is clearly insufficient. Huizhou Zhongxin Phase II plant has resumed operation, while Jiangsu Ruiheng plant has been shut down for maintenance. Traders have a strong intention to ship, but actual orders have declined.
The acetone offers in major mainstream markets across the country on September 2nd are as follows:
Region. Quotation on September 2nd /9.1-2 Rise and Fall
East China region / 4450-4480./ -100
Shandong region / 4550-4650./ -150
Yanshan region / 4600./ -150
South China region/4600./-150
From the perspective of Business Society, the pace of downstream procurement at the beginning of the month was mainly focused on small orders and urgent needs. Recently, acetone has maintained weak operation and is waiting for changes in demand.
| http://www.lubonchem.com/ |