May 18 News – On May 18, Yangzhou Shiyou’s 320,000 tons/year phenol-acetone unit is operating normally. The acetone price has been raised by RMB 300/ton to RMB 8,000/ton. Contract shipments are being made as planned, and inventory levels remain low.
Chempricehub Acetone Assessment – Bull-Bear Rating: +1
On May 18, Yangzhou Shiyou’s 320,000 tons/year phenol-acetone unit is operating normally. The acetone quotation has been increased by RMB 300/ton to RMB 8,000/ton. The producer is shipping according to contract plans, with overall inventory not high, supporting the spot acetone price and benefiting its market trend.
MIBK Assessment – Bull-Bear Rating: 0
This news does not involve any supply-demand or price adjustment information related to MIBK, thus has no significant impact on the MIBK market, with a neutral outlook.
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