January 9th News: On January 9th, Lihuayi Weiyuan Chemical Co., Ltd. increased the ex-factory settlement price of its acetone product by 100 yuan, setting it at 4,400 yuan per ton. This price adjustment took effect from January 9th.
Chempricehub Analysis:
Acetone: Bullish/Bearish Score: 1
Reason: Lihuayi Weiyuan Chemical Co., Ltd. raised the ex-factory settlement price of acetone by 100 yuan per ton to 4,400 yuan per ton, reflecting tight supply or increased demand. This is expected to directly boost the spot price of acetone. This adjustment is considered a general positive, as the price increase is significant but not at a level that would provide major stimulus. It may be influenced by seasonal demand or cost-driven factors.
MIBK: Bullish/Bearish Score: 1
Reason: As acetone is a primary raw material for MIBK, the price increase in acetone will raise the production cost of MIBK, indirectly pushing up the spot price of MIBK. This event is considered a general positive, as the cost transmission effect is evident, though it does not directly involve changes in supply and demand. Attention should be paid to the downstream market's response.