PODCAST: China acetone supply remains tight, demand to be closely monitored
Yi Liang
13-Jun-2023
SINGAPORE (ICIS)–Domestic acetone prices in east China fluctuated narrowly in early May, amid a supply crunch and demand weakness.
This was after prices hit a year-to-date high in end-April, supported by short availability.
Spot prices softened from mid-May, as weaker demand amid downstream operation cuts outweighed tight supply.
Market players would need to closely monitor downstream demand for further direction in the near term.
In this podcast, ICIS Industry Analyst Mason Liang discusses developments in east China’s acetone market.
- East China acetone prices fall amid sluggish demand
- China domestic acetone supply drops amid Jiangsu Ruiheng’s turnaround in late May
- Downstream IPA operations may see slight recovery in short term
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