The domestic acetone market continued to push up. The negotiated price in East China was 5700-5850 yuan/ton, with a daily increase of 150-200 yuan/ton. According to the monitoring data of the Business News Agency, the negotiated price of acetone in East China was 5150 yuan/ton on February 1, and 5750 yuan/ton on February 21, with a cumulative increase of 11.65% in February.

Since February, the domestic mainstream factories have repeatedly raised the listing price, which strongly supported the market. Affected by the continuous tight supply in the current market, petrochemical enterprises have actively raised the listing price for many times, with a cumulative increase of 600-700 yuan/ton. In the early stage, the phenol and ketone factory suffered losses, and the overall operating rate of the phenol and ketone factory was 80%. Boosted by the tight supply, the factory has been more active in raising the price.

The supply of imported goods is insufficient, the port stock continues to decline, and the domestic production in some regions is limited. On the one hand, the inventory of acetone at Jiangyin Port is 25000 tons, down 0.3% from last week. In the near future, the arrival of ships is insufficient, and the inventory of the port may continue to decline. On the other hand, if the contract volume in North China is exhausted near the end of the month, the domestic resources are limited, and it is difficult to find the supply of goods for the downstream just to follow up, and the price rises.

As the acetone continues to rise, the downstream multi-dimensional demand for replenishment is still in demand. Because the downstream industry profits are fair and the operating rate is stable as a whole, the demand for follow-up and stable development of delivery and investment.

From the perspective of the business community, the acetone market continued to operate steadily. The continued tightening of the supply side in the short term strongly supports the market. Overseas market prices are rising and exports are improving. The operation of domestic downstream units is stable under the trend of profit, and the demand for raw materials continues. The domestic resource contract is limited near the end of the month, and the traders have a positive attitude, which keeps pushing up the sentiment.