February 28th News On February 28th, Sinopec-SABIC Tianjin Petrochemical reduced the acetone price by 100 yuan to 4,700 yuan/ton, effective from February 28th. Currently, Sinopec-SABIC’s 350,000-ton/year phenol-acetone unit is operating normally, with moderate inventory levels. Chempricehub Analysis: Acetone, Bull-Bear Score: -1 The article indicates that Sinopec-SABIC Tianjin Petrochemical has lowered the acetone price by 100 yuan/ton to 4,700 yuan/ton. With the unit operating normally and inventory at moderate levels, this suggests sufficient supply or weak demand, directly exerting downward pressure on spot prices. The price reduction may reflect oversupply in the market, potentially leading to further declines in spot prices in the short term. MIBK, Bull-Bear Score: -0.5 As acetone is a key raw material for MIBK, the price reduction may lower MIBK production costs, indirectly exerting downward pressure on MIBK spot prices. However, the article does not directly mention MIBK market dynamics, so the impact is relatively minor and indirect, requiring further assessment in conjunction with changes in downstream demand.