Last week, the acetone market was extremely high and cold, and the terminal did not keep pace with the market. After the middle of the week, the trend fell, and the price in East China fell to 7900 yuan / ton. However, in the opening of this week, the price in East China rose 200 yuan / ton again, and the main offer was 8100-8200 yuan / ton, and the supply in the hands of traders was scarce.

First of all, the manufacturer controls the quantity and the supply is tight. On May 9, Tianjin phenol ketone plant in Zhongsha was shut down for maintenance for 2 months, and then the factory controlled the delivery volume according to the plan. However, at the end of the week, there was a shortage of goods, so that the acetone market in surrounding areas of Yanshan kept a high price of 8500 yuan / ton. This week, Yangzhou Shiyou acetone Co., Ltd. in East China will stop its export. For a while, the supply news will be good. With 16500 tons of port inventory in East China, the traders’ offer has been greatly pushed up. Of course, the push up is also sustained by the surrounding areas, which increases the market demand for East China. Current offers in the mainstream market: 8100-8200 yuan / ton in East China, 8400-8500 yuan / ton in surrounding areas of Yanshan and Shandong. The offer of mainstream factories in East China is 8000 yuan / ton (Shanghai Gaoqiao, Sinopec Mitsui, etc.), 8300 yuan / ton (Yangzhou Shiyou), 8400 yuan / ton (Lihua yiweiyuan), and 8100 yuan / ton.

Second, the terminal demand, without exception, continues to improve. First, the market of bisphenol a rose sharply today. The market offer exceeded 10000 yuan per ton, and the overall market rose by 200-400 yuan per ton, while the factory started steadily. Second, the price of isopropanol continued to be high, with an overall price of 11500-12000 yuan / ton. The factory was fully loaded, and the overseas epidemic situation was still not improved. The demand for disinfectants continued to grow steadily. The production of isopropanol factory was stable, and the demand for raw acetone was large. Third, the downstream MMA remained at a high level, and the overall trading was good. The high price acetone market just needed to be purchased. Fourth, the downstream MIBK was shut down due to the surge in raw materials. However, today’s market also saw a substantial increase in offers. The increase in downstream demand is expected to drive more demand and the factory will resume work.

Third, the raw material market is running at a high level. In terms of pure benzene, this month, the pure benzene market has been showing a unilateral upward trend. The ex factory price of pure benzene in Shandong increased from 2960 yuan / ton to 3460 yuan / ton, with an overall upward trend of 16.89%. Up to now, the offer of pure benzene has been stable but at a high level. As of last Friday, propylene, another raw material, also showed a unilateral upward trend in this month. The ex factory price in Shandong increased from 5995 yuan / ton to 6979 yuan / ton, with an overall upward trend of 16.41%. Although propylene was explored in a narrow range at the beginning of this week, it was generally high.

In addition, phenol and ketone industry chain is the main actor with full market confidence. It can be seen from last week’s chemical industry list that the whole chemical industry is showing a trend of more growth and less decline. According to the price monitoring of the business agency, in the 20th week of 2020 (5.18-5.22), there are 32 kinds of commodities in the chemical sector, including 5 kinds of commodities with a rise of more than 5%, accounting for 5.6% of the number of commodities monitored in the sector; there are 24 kinds of commodities with a decline in the month. Among them, the phenol and ketone industry chain in the chemical industry list has 5 rising commodities and 0 falling commodities. The phenol and ketone industry has increased or decreased by 1.62% in a week.

Near the end of the month, the manufacturer controls the shipment, the traders have less goods, the port supplies more isopropanol factories, the current market confidence is good, if the downstream MMA and MIBK can continue to improve, the acetone will maintain high-level operation in the short term, it is expected that the short-term acetone market will offer 8150-8300 yuan / ton, and the acetone market will close at a high level in May.