Acetone Prices, markets & analysis
ICIS publishes the weekly Acetone report in Asia, China, Europe and the US.
The reports contain information on spot and contract prices, imports, and production issues, as well as maintenance plans and upstream/downstream intelligence. The unbiased pricing data, gathered by our locally based reporters, enables those involved in Acetone or related products to make informed business decisions.
Acetone overview Transcript
The largest consumer of acetone is methyl methacrylate (MMA) and acrylic acid, nearly all MMA is polymerised to make homopolymers and copolymers.
The second largest use for acetone is the manufacture of bis-phenol A who’s growth is driven by the polycarbonate sector. Other significant outlets for acetone include solvents use.
Around 90% of acetone production is via the cumene route to make phenol, where 0.62 tonnes of acetone is produced with each tonne of phenol. As phenol demand is growing faster than acetone demand there is a global surplus of acetone in the market.
Acetone is a clear water-white volatile liquid, which is highly flammable. Europe has the capacity to produce approximately 2.5 million tonnes per year of acetone, while global production is set close to 7 million tonnes per year. Global growth is around 5% per year with Asia being the fastest growing region. In Europe, growth is set at around 0-2% per year.
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Acetone news and market information products from ICIS
We offer the following regional Acetone analysis and news coverage to keep you informed of factors and developments affecting prices in the Acetone marketplace.
Price Reporting – More information about the price reports we publish on Acetone
Independent price assessments and market coverage by region
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News & analysis
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Acetone: Market overview
Updated to Q1 2016
European acetone is more balanced into the first quarter, with a lift in demand from restocking, and some upcoming shutdowns. Continued falls in propylene prices may have some downward impact on pricing, but many see spot prices as having bottomed.
Acetone prices into China, the Asian benchmark, are expected to find some support from curtailed phenol/acetone output in the first quarter, along with decreased inflow of deep-sea material in recent months. A large number of Asian phenol/acetone plants are scheduled to undergo routine maintenance in the first quarter. Decreased supply of feedstock propylene in southeast Asia, stemming from an unplanned shutdown at Shell’s cracker in Singapore in early December, has already forced down phenol/acetone output in southeast Asia.
US acetone supply is expected to be somewhat tighter in the first quarter, owing to modest demand for primary product phenol and a reduction in US phenol/acetone production capacity following the closure of the Axiall plant in Plaquemine, Louisiana. Market participants will be watching Altivia Petrochemicals, which has restarted the Ohio phenol/acetone plant formerly owned by Haverhill Chemicals on a limited basis. Pricing is expected to be driven by upstream propylene, which remained low as the first quarter got underway.
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Acetone is a clear, water-white volatile liquid, slightly hygroscopic with a mild, mint-like fragrant odour. It is highly flammable, miscible in all proportions in water, ethyl alcohol, ether and will react explosively with strong oxidising agents.
The largest outlet for acetone is the manufacture of acetone cyanohydrin (ACH), which is a precursor to methyl methacrylate (MMA) and methacrylic acid.
An important derivative of MMA is polymethyl methacrylate (PMMA).
Applications for PMMA include windows, skylights, signs, lighting fixtures, automotive parts, medical devices and appliances. A growing sector is in electronic applications where it is used in flat screen televisions and liquid crystal displays.
Methacrylates are also used in latex surface coatings in applications such as architectural, automotive, wood furniture, lacquers and enamels.
Nearly all MMA is polymerised to make homopolymers and copolymers.
The second largest use for acetone is the manufacture of bisphenol-A (BPA), whose growth is driven by the polycarbonate sector.
Acetone is used to make a number of chemical derivatives such as methyl isobutyl ketone (MIBK), isophorone and diacetone alcohol/hexylene glycol.
Nearly all acetone production is via the cumene route where 0.62 tonnes of acetone is produced with each tonne of phenol. As a co-product to phenol, acetone availability is dependent on market conditions for phenol.