Due to the temporary shutdown of a phenol-ketone plant in Zhejiang Province and the robust prices of raw material benzene, which have widened the losses of phenol-ketone factories, buying sentiment in the East China market has been active, resulting in a price increase of RMB 300 per ton compared to before the holiday.
With expectations of increased demand from downstream production resumption in the coming days, the acetone market is anticipated to remain firm in the short term. It is advisable to replenish inventory as soon as possible, taking into account both current inventory levels and downstream orders.
