January 15th News: On January 15th, Sinopec SABIC Tianjin Petrochemical increased the price of acetone by 100 yuan to 4,650 yuan per ton, effective from January 15th. Currently, the 350,000-ton-per-year phenol-ketone unit at Sinopec SABIC is operating normally, with moderate inventory levels.
Chempricehub Analysis:
Acetone, Bull-Bear Score: +1
Sinopec SABIC Tianjin Petrochemical raised the spot price of acetone by 100 yuan per ton to 4,650 yuan per ton, effective from January 15th. The unit is operating normally with moderate inventory levels. This indicates that the company proactively increased prices, reflecting improved demand or cost support, which is favorable for spot market sentiment. The price increase is moderate, and there are no signals of inventory shortages, resulting in a score of generally positive (+1).
MIBK, Bull-Bear Score: +0.5
As acetone is a primary raw material for MIBK, its price increase may raise MIBK production costs, indirectly supporting MIBK spot prices. However, the article does not directly mention changes in MIBK supply and demand, so the impact is relatively minor. Based on the logic of raw material cost transmission, the score is slightly positive (+0.5).