March 10th News — On March 10th, Sinopec SABIC Tianjin Petrochemical reduced the price of acetone by 500 RMB/ton to 7,500 RMB/ton, effective from March 10th. Currently, Sinopec SABIC’s 350,000-ton/year phenol-acetone unit is operating normally with moderate inventory levels. Chempricehub Analysis of Acetone — Bull-Bear Score: -2 The report indicates that Sinopec SABIC Tianjin Petrochemical lowered the spot price of acetone by 500 RMB/ton to 7,500 RMB/ton on March 10th. With the plant operating normally and inventory at moderate levels, this suggests ample market supply and weak demand, lacking positive support. The significant price reduction (approximately 6.25%) reflects excess pressure in the spot market, posing a major bearish factor for acetone spot prices. The score of -2 is based on a comprehensive analysis of the direct price decline, stable supply, and no signs of demand growth.