Acetone US Transcript
The weekly ICIS report for the US Gulf (USG) market for acetone includes both contract and spot price assessments.
Prices are given in delivered terms for truckloads. This price is mostly used in the solvents distribution market and typically changes monthly, but can change more frequently given market conditions.
Another contract price is given for barges and this price is mainly used by the methly methacrylate (MMA) market. It is also known as a ‘large buyer’ price.
The spot price is a free on board (FOB) export assessment. It can move weekly or as market conditions dictate.
Information in the report includes commentary from buyers, sellers and producers, as well as a comprehensive look at the upstream and downstream factors that influence pricing.
The report includes monthly contract pricing for cumene, which is a key cost ingredient in acetone production. Supply and demand issues are also discussed in the report including production problems and planned outages.
Monthly trade data rounds out the analysis to deliver a full picture of the US acetone market. Many subscribers use this report as a benchmark when dealing with their own customers or suppliers because it is an excellent source of information.