On September 3rd, the listing price of acetone in Sinopec East China was lowered by 200, with an execution of 6000 yuan/ton, and the listing price of Sinopec North China was lowered by 200, with an execution of 6000-6050 yuan/ton.
The domestic acetone market continues to bottom out, with prices in the East China market falling to 5900 yuan/ton. The market fundamentals have not changed much, but the market price has fallen to a low level. There has been an increase in inquiries from traders entering the market, and the intention of traders to lower prices in the afternoon has weakened. The offer price has temporarily stopped falling, and it is understood that the market transaction situation is average. Overnight crude oil prices have dropped significantly, and with sufficient supply in the acetone market, it is expected that the acetone market will maintain stable operation today.
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