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    Home > Chemicals Industry > Rubber Plastic News > The upside of acetone may be limited, and the market will not have enough stamina near the Spring Festival

    The upside of acetone may be limited, and the market will not have enough stamina near the Spring Festival

    • Last Update: 2022-08-26
    • Source: Internet
    • Author: User
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    Entering January, the acetone market, which had been silent for a period of time, exerted its strength again, and the price continued to rise


    .


    Supply is expected to increase

    Supply is expected to increase Supply is expected to increase

    Jinlianchuang analyst Bian Chenhui believes that the acetone market surge this time is mainly due to the tightening of the supply side caused by the shutdown of some domestic factories


    .


    Jinlianchuang analyst Bian Chenhui believes that the acetone market surge this time is mainly due to the tightening of the supply side caused by the shutdown of some domestic factories
    .


    On January 16, Shanghai Sinopec Mitsui and Shanghai Cisafenone plants were temporarily shut down due to a power outage in the park, resulting in a drop in the overall operating rate of domestic factories
    .


    In addition to the drop in operating rates, low port inventories also boosted morale in the acetone market
    .


    At the beginning of January, the port inventory of acetone was 20,500 tons, which is currently less than 10,000 tons
    .


    "But the tight supply situation will soon change
    .


    Raw materials fluctuate in a narrow range Raw materials fluctuate in a narrow range

    Judging from the raw material pure benzene, although there are positive external news in the near future, the boost to the domestic pure benzene market is limited


    .


    Judging from the raw material pure benzene, although there are positive external news in the near future, the boost to the domestic pure benzene market is limited
    .


    Wang Chunming, general manager of Shandong Ruiyang Chemical Trading Co.


    "From the perspective of the market outlook, the shock of the external market has not been enough to push up the domestic trade market.


    The propylene market, another raw material of acetone, is dominated by a weak downward trend
    .


    Jilin Petrochemical sales staff said that the raw material pure benzene and propylene may continue to fluctuate in the future, but the actual fluctuation range is limited, so it has little impact on the acetone market
    .


    Demand remains rigid Demand remains rigid

    In the downstream of acetone, the most important solvent demand accounts for 31%, while the other deep processing demand accounts for about 69%
    .
    In recent years, the demand for aliphatic superplasticizers has been shrinking year by year, and the domestic output has been declining year by year

    .

    In the downstream of acetone, the most important solvent demand accounts for 31%, while the other deep processing demand accounts for about 69%
    .
    In recent years, the demand for aliphatic superplasticizers has been shrinking year by year, and the domestic output has been declining year by year

    .

    In 2020, Huizhou Yuxin's 60,000-ton/year isopropanol plant and Zhejiang Petrochemical's 90,000-ton/year MMA plant were put into operation, both of which will play a supporting role in the acetone market
    .
    Since January 2021, although isopropanol manufacturers have resisted high-priced raw materials, they have to replenish at high prices due to centralized delivery of export orders

    .
    At the same time, some domestic factories were temporarily shut down, and the overall operating level was not high.
    The price of isopropyl alcohol rose sharply in the case of short supply, which gave strong support to the acetone market

    .

    In 2020, Huizhou Yuxin's 60,000-ton/year isopropanol plant and Zhejiang Petrochemical's 90,000-ton/year MMA plant were put into operation, both of which will play a supporting role in the acetone market
    .
    Since January 2021, although isopropanol manufacturers have resisted high-priced raw materials, they have to replenish at high prices due to centralized delivery of export orders

    .
    At the same time, some domestic factories were temporarily shut down, and the overall operating level was not high.
    The price of isopropyl alcohol rose sharply in the case of short supply, which gave strong support to the acetone market

    .

    The overall start-up of the other downstream MIBK industry of acetone has not changed much.
    Except for the shutdown of the Yimeide device, other devices are basically in normal operation, with a profit margin of more than 10,000 yuan, and the procurement of acetone is maintained well

    .

    The overall start-up of the other downstream MIBK industry of acetone has not changed much.
    Except for the shutdown of the Yimeide device, other devices are basically in normal operation, with a profit margin of more than 10,000 yuan, and the procurement of acetone is maintained well

    .

    Many market participants said that the Spring Festival is coming, the domestic transportation will be gradually stopped, and the situation of the isopropyl alcohol market in short supply may end in the near future, and the increase of the acetone market will be limited
    .

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