On January 15, Sinopec North China raised the listed price of acetone by 100 yuan/ton, setting it at 4,650 yuan/ton for spot payment and self-pickup. The new price, effective from January 15, is uniformly implemented by Yanshan Petrochemical and Sinopec-SABIC Tianjin. PriceSeek analysis of acetone, with a long-short score of 1: Sinopec North China's increase of the acetone listed price by 100 yuan/ton to 4,650 yuan/ton for spot payment and self-pickup, uniformly implemented by Yanshan Petrochemical and Sinopec-SABIC Tianjin, indicates tight market supply or strengthening demand, directly benefiting spot acetone prices. This price adjustment may reflect rising raw material costs or a recovery in downstream demand, and is expected to boost confidence in the spot market, driving short-term price increases.
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