April 10th Update — On April 10th, the 400,000-ton/year phenol-acetone unit of Gaohua Materials operated normally, with primary contract shipments and relatively low inventory levels. The acetone price was lowered by 600 yuan to 8,100 yuan/ton, ex-works with immediate payment.
Chempricehub Analysis on Acetone — Bull-Bear Score: -1
The report indicates that the acetone price was reduced by 600 yuan/ton to 8,100 yuan/ton. While the unit is operating normally and inventory levels are not high, the reliance on primary contract shipments suggests weak demand, putting downward pressure on spot prices. The score of -1 (generally bearish) reflects a significant price drop (approximately 6.9%), indicating ample market supply but insufficient demand, which may suppress short-term spot price trends.
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