March 6th News — On March 6th, Lihuayi Weiyuan Chemical Co., Ltd. raised the listed price of its acetone product by 300 yuan to 5,500 yuan per ton. It is reported that the company's two phenol-acetone units, with a combined annual capacity of 700,000 tons, are operating normally and shipping as planned.
Chempricehub Analysis of Acetone, Bull-Bear Score: 1
The spot price of acetone has increased by 300 yuan per ton to 5,500 yuan per ton, indicating tight market supply and demand or strengthened demand, which is favorable for spot prices. The company's phenol-acetone units are operating normally, ensuring stable supply. However, the price increase reflects bullish market sentiment, possibly driven by rising costs or growing downstream demand. This has a positive impact on the spot market, warranting a generally favorable score.