Near the end of the month, the national acetone market continued to fall deeply, with domestic petrochemical manufacturers falling by 700-800 yuan / ton. The listed prices of national petrochemical companies were mostly between 6800-7000 yuan / ton, which was a big drop compared with the previous 10000 yuan acetone market. And the acetone market was nearly cut off in more than a month. According to the monitoring data of business agencies, the highest offer of acetone market in East China was 12300 yuan / ton on June 8, and on July 27 There is still room for single offer of 6800 tons of acetone in East China. At present, the market negotiation is cold and the purchasing mood of the terminal is not high. There is really no minimum but a lower situation. At present, the stock of liquors in the port has dropped to less than 10000 tons. It is expected that the acetone offer will maintain a stable trend at the end of the month.

The domestic factory starts high, the expected arrival volume is moderate, and the short-term market supply is sufficient. At the end of the month, the port inventory is less than 10000 tons. It is estimated that about 5000 tons will arrive from Singapore, Saudi Arabia, Japan and other countries at the end of the month and early August. The overall arrival volume is moderate. The arrival situation in late August is still under tracking. At present, the operating rate of domestic factories is relatively high, only Sinopec well 3 is still in shutdown, and it is expected to start operation at the end of August; the new phenol ketone unit of Zhejiang Petrochemical Company has not been started, and the details are being tracked; other factories have high operating rate, and the overall domestic output is relatively sufficient. At present, some domestic factories are operating as follows:

In terms of raw materials, the narrow rise in the price of pure benzene was mainly due to the expected delay in the import to Hong Kong. At the end of the month, traders were scarce, and the market was pushed up by a narrow margin. Petrochemicals took the opportunity to raise the price by 100 yuan / ton, which improved the atmosphere. Propylene was in a weak position, with transactions mostly at 6650-6700 yuan / ton.

In terms of downstream market, after a short-term correction, the market transaction of bisphenol A fell into crisis again. At present, most of the negotiations are at 9300-9400 yuan / ton. Although the price of raw material phenol is struggling to support, there is no long-term good trend after the terminal demand replenishment. It takes time for the terminal to continue to be good, and the purchase price has declined.

According to the business agency, the factory has significantly lowered the listing price for several consecutive times, so far Sinopec’s guiding price has dropped to 6800-7000 yuan / ton. The downstream isopropanol market orders are moderate, the market demand gradually recovers to moderate, and the demand for raw materials is stable, while other downstream operating rates are still recovering, and some of the previous high-level raw materials have higher costs. At present, there is still downward space for acetone, and the terminal wait-and-see increases. In terms of cost, the acetone market may continue to decline under the imbalance of supply and demand. The business association predicts that the port arrival will be delayed at the end of the month, the port supply will be moderate at the end of the month, the acetone market will remain stable at the end of July, and the acetone market in East China will be at 6700-6900 yuan / ton.