04 May 2009 11:25 [Source: ICIS news]
HOUSTON (ICIS news)--US truck acetone prices have increased by 3 cents/lb ($66/tonne, €50/tonne) for May deliveries on continued tightness, distributors and buyers said on Monday.
The May price was assessed at 52-56 cents/lb, which is the price paid by distributors prior to discount, according to data from global chemical market intelligence service ICIS pricing.
Truck acetone is sold to the solvent and distribution sector.
“Off-take remains slow, but supplies are still tight due to low phenol operating rates,” a distributor said.
Acetone is a co-product of phenol.
Acetone sellers include Sunoco, Shell, Georgia Gulf, INEOS and Sasol.
($1 = €0.75)
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