With China’s Acetone prices moving in different directions, it is critical for market players to be informed on the changing dynamics and market sentiments. Published and derived by our local industry experts, our on-the-ground price reporting, insights and data analytics solutions provide the following:
Use our China data solutions to:
Updated to Q4 2018
During July to September 2016, domestic acetone spot prices rose on the back of low inventories at Jiangyin and domestic plant outages. Acetone prices climbed about 20% from 1 July to 28 July. And then, the price moved upwards within small range. The lowest price emerged at the beginning of July, when the ex-tank price in east China was yuam (CNY) 4,500/tone. The peak price in east China (ex-tank) was CNY5,840/tonne on 23 September, according to ICIS China data.
In July, domestic acetone spot prices rose because of some unscheduled shutdowns of domestic acetone/phenol plants and import cargoes were mainly held by some traders.
However, prices fell from the end of July to the beginning of August for about one week, because some traders sold actively in a bid to lock in profits due to the expectation of concentrated import arrivals during mid-to-late August, which dragged down the negotiation prices.
According to ICIS China data, after slight falls, acetone spot prices rose again on 4 August. The inventories at Jiangyin port fell a new low, together with unexpected shutdowns of some units, boosting the market sentiment to some extent again.
Domestic acetone spot prices kept rising during August and September on tight supply. Many China-based phenol/acetone plants were scheduled to be offline in August and September, which reduced domestic supply. Additionally, feedstock benzene and propylene prices moved up to support acetone prices.
We offer the following regional Acetone coverage to keep you informed of factors and developments affecting prices in the China Acetone marketplace.
More information about the price reports we publish on Acetone
Independent price assessments and market coverage
More information about the historical price data we publish on Gas
Track historical price data
You might also be interested in the information we publish on these related products
You may also find useful
News & market analysis specifically relating to Acetone
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Acetone, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
The main use of acetone, accounting for over a quarter of total consumption, is in the manufacture of acetone cyanohydrin, a feedstock for methyl methacrylate (MMA). The other major and fast growing derivative is bisphenol-A (BPA).
ICIS publishes weekly pricing information for China’s volatile acetone markets. The report gives you access to the latest import CFR China main ports and domestic ex-tank prices for a more reflective view of the market.
The report also includes market commentaries such as hot topics and changes in government policies, as well as plant production statuses and weekly inventory levels, to help industry players understand the drivers of the price movements and changes in this market.
Together with each pricing report subscription, ICIS now provides the following diagnostic and prescriptive solutions for China methanol to help you make critical business decisions in and out of China and plan for the future:
The ICIS Supply and Demand Database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2040 for acetone in China. The service combines fully reconciled supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or country-specific perspective.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Acetone. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enable you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
SINGAPORE (ICIS)--Some petrochemical markets in China are underpinned by prospects of restocking following the Lunar New Year, as inventory drawdowns...Read
LONDON (ICIS)--European domestic and export acetone spot prices have decreased on the back of persistent length in the region, sources said on...Read