On February 9, Lihuayi Weiyuan Chemical Co., Ltd. lowered the listed price of its acetone product by 50 yuan to 4,950 yuan per ton. It is reported that the company's two phenol-ketone units, with a combined annual capacity of 700,000 tons, are operating normally and shipping according to plan. PriceSeek's analysis of acetone, with a long-short rating of -1: The company's reduction of the acetone listed price by 50 yuan to 4,950 yuan per ton indicates ample supply in the spot market and weak demand, leading to downward pressure on prices. The normal operation of the units and scheduled shipments reinforce expectations of stable supply, exerting a generally bearish impact on acetone spot prices.
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