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The Acetone Market Weekly Review
2019-08-21 15:14
Asia acetone: this week acetone prices held steady at $480 / ton CFR India, comply with the current level of tradable. CFR China market trading range in 415-440 dollars/tons, prices this week 15 dollars/ton to 445 dollars/ton. Under the condition of the market well supplied, southeast Asia, a seller of CFR China held steady at $500 / ton quotation. On Tuesday, the raw material propylene prices $10 / ton to 925 dollars/tons.
North-western Europe acetone: north-western Europe acetone prices this week after 30 euros/ton to 460 euros/ton, market trading cold and cheerless.
Us acetone: this week the us acetone prices held steady at $529 / ton. Market sentiment weak and lagging demand, prices continue to run low, and imports to reduce support parts manufacturers pushed prices higher. Acetone sellers before announced price increases in August 5-6 cents. Due to propylene prices fell 25% this week, the closing price of 21.75 cents/pound, so basically stable raw materials, cost is estimated at close to 18 cents/lb.
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