The acetone market has surged significantly.

1. Today's Summary

① Sinopec East China raised its opening price by 500 yuan/ton today, to 9,000 yuan/ton.

② Petrochemical companies collectively increased prices, leading holders to quickly raise their offers; low-priced cargo is difficult to find in the market.

2. Spot Market Overview

Table 1: Domestic Acetone Price Summary (Unit: Yuan/Ton)

Based on Jiangsu region benchmarks, acetone prices closed at 9,000 yuan/ton today, an increase of 465 yuan/ton from the previous trading day. The East China acetone market surged significantly. Shandong factories took the lead over the weekend by raising their opening prices, sending a clear bullish signal. On Monday, petrochemical companies collectively implemented substantial price hikes. This boosted sentiment among holders, who rapidly pushed up their offers. Most downstream buyers adopted a wait-and-see approach, with limited active replenishment; actual transactions were primarily small-scale.

3. Production Dynamics

Today, the capacity utilization rate for the domestic phenol-acetone industry was 72%. Profit margins for phenol-acetone enterprises improved by 710 yuan/ton to -960 yuan/ton.

4. Price Forecast

The East China acetone market saw significant price increases today. Operating rates for phenol-acetone units remain low, while port inventories have dropped to 19,500 tons. High production costs provide support for holder sentiment. With petrochemical companies collectively raising acetone opening prices, low-priced cargo has become scarce in the market. While end-users are largely watching and waiting, they are making necessary purchases based on demand, resulting in small-volume actual trades. It is expected that the domestic acetone market will maintain high levels in the short term; attention should be paid to follow-up procurement from downstream industries.

5. Related Products Status

Pure Benzene Market: Today, spot prices for pure benzene in East China rose, with negotiation references ranging from 10,690 to 10,950 yuan/ton, consistent with morning forecasts. Geopolitical tensions supported high crude oil prices, providing strong cost-side impetus. Low port inventory levels continued to decline, driving futures prices higher. However, the narrowing of spot-futures basis reflects the realization of supply recovery and caution regarding the sustainability of high prices. The market maintained a firm consolidation trend intraday.

Bisphenol A Market: Based on East China benchmarks, Bisphenol A prices closed at 11,100 yuan/ton today (range: 11,000–11,200 yuan/ton), up 400 yuan/ton from the previous trading day, aligning with morning expectations. The domestic Bisphenol A market widened significantly upwards. Raw material phenol and acetone markets surged over the weekend, creating a strong bullish atmosphere at the start of the week. Holders maintained firm pricing strategies, with some reluctant to sell, pushing offers higher. Although downstream rigid demand follow-up was limited, low-priced goods were hard to find, causing the center of gravity for negotiations to shift upward.

6. Data Calendar

Table 2: Domestic Acetone Data Overview (Unit: 10,000 Tons)