February 13th News: On February 13th, Lihuayi Weiyuan Chemical Co., Ltd. lowered the listed price of acetone by 100 yuan to 4,850 yuan per ton. It is reported that the company's two phenol-ketone units, with a combined annual capacity of 700,000 tons, are operating normally and shipping according to plan.
Chempricehub Analysis of Acetone, Bull-Bear Score: -1
The listed price of acetone was lowered by 100 yuan per ton to 4,850 yuan per ton, indicating ample market supply or weak demand. The normal operation and stable shipments of the company's 700,000-ton-per-year phenol-ketone units reinforce supply-side pressure, exerting a significant downward impact on spot prices. This reflects the current loose supply-demand dynamics in the market, which may suppress spot price rebounds in the short term.