January 16th News: On January 16th, Lihuayi Weiyuan Chemical Co., Ltd. increased the ex-factory settlement price of its acetone product by 50 yuan, setting it at 4,600 yuan per ton. This price adjustment is effective from January 16th.
Chempricehub Analysis:
Acetone, Bull-Bear Score: 1
The ex-factory settlement price of acetone has been raised by 50 yuan per ton to 4,600 yuan per ton, reflecting tight supply or increased demand, which directly benefits spot prices. The price adjustment by the company indicates improved market confidence and may drive an overall rise in the spot market. However, the magnitude of the increase is moderate, representing a general positive impact.
MIBK, Bull-Bear Score: 0.5
As a key raw material for MIBK, the price increase of acetone may raise the production cost of MIBK, indirectly supporting spot prices. However, the extent of this impact is constrained by downstream demand. Given the current small magnitude of the price adjustment, the transmission effect is limited, representing a slight positive influence.