January 15th News
On January 15th, Lihuayi Weiyuan Chemical Co., Ltd. raised the ex-factory settlement price of its acetone product by 50 yuan to 4,550 yuan per ton, effective from January 15th.
Chempricehub Analysis of Acetone, Bull-Bear Score: +1
Lihuayi Weiyuan Chemical Co., Ltd. has increased the ex-factory settlement price of acetone by 50 yuan per ton to 4,550 yuan per ton, indicating proactive price adjustments from the supply side, likely driven by rising raw material costs or stronger downstream demand. This move is expected to directly boost the spot market price of acetone, as ex-factory prices serve as a key benchmark for spot transactions. Market transaction prices are anticipated to follow suit and rise. Given that the 50 yuan per ton increase is considered a moderate positive in the chemical industry and does not reach a significant level, the score is set at +1 (generally favorable).