Due to the temporary shutdown of the phenol-acetone plant in Zhejiang due to a malfunction and the firmness of the raw material benzene, the losses of phenol-acetone factories have expanded. As a result, the buying sentiment in the East China market has been active, with prices rising by 300 yuan per ton compared to before the holiday.
With the expected recovery of downstream production and an increase in demand, it is anticipated that the short-term market for acetone will remain firm. It is advisable to replenish inventories as soon as possible in light of inventory levels and downstream orders.
