January 26th News
On January 26th, Longjiang Chemical raised the price of acetone by 100 yuan, setting it at 5,450 yuan per ton. It is reported that the company's 350,000-ton-per-year phenol-acetone plant is operating at full capacity, with acetone primarily supplied under contracts and shipments proceeding as planned.
Chempricehub Analysis:
Acetone, Bull-Bear Score: 1
The article indicates that the spot price of acetone has increased by 100 yuan per ton to 5,450 yuan per ton, reflecting the supply side's proactive intention to raise prices. The full-capacity operation of the company's 350,000-ton-per-year phenol-acetone plant and shipments proceeding as planned suggest stable supply but potentially strong demand or enhanced cost support, which is favorable for spot prices. As a bulk chemical product, the price increase in acetone directly boosts market sentiment, and it is expected that the spot market will exhibit a relatively strong trend in the short term.
MIBK, Bull-Bear Score: 0
The article does not mention any information regarding the supply, demand, or price changes of MIBK, making it impossible to assess its specific impact on spot prices. As a derivative product of acetone, MIBK may be indirectly affected by acetone price fluctuations, but due to a lack of direct data support, a neutral rating is maintained.