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ChemPriceHub Alert: Price Increase of Petrochemical Acetone from China and Saudi Arabia is Favorable
Published on 2026-01-07
On January 7th, Sinopec-SABIC Tianjin Petrochemical raised the acetone price by 100 yuan to 4,300 yuan per ton, effective from January 7th. Currently, the 350,000-ton-per-year phenol-acetone unit at Sinopec-SABIC is operating normally with moderate inventory levels. PriceSeek analysis of acetone, with a bullish-bearish score of +1: The article indicates that Sinopec-SABIC Tianjin Petrochemical has increased the acetone price by 100 yuan per ton to 4,300 yuan per ton, suggesting enhanced supplier confidence in the market and potential upward pressure on the demand side. The unit is operating normally with moderate inventory, indicating stable supply, but the price hike directly benefits spot prices, reflecting potential cost increases or demand growth. The rating is moderately bullish (+1), as the price increase is interpreted as a positive signal, though sufficient inventory limits the potential for a significant bullish impact.