With the start of delivery from Zhejiang Petrochemical and the arrival of imported resources, the inventory of acetone in East China has risen. The market has slightly declined as downstream buyers have been cautious in taking delivery. However, given the support of raw material benzene and the expanding losses of the phenol-acetone plants, the decline in acetone prices is expected to be limited.
Overall, the market is expected to remain relatively stagnant. It is necessary to pay attention to the downstream’s purchasing situation this week and consider replenishing stocks at low prices based on inventory levels.
