Commodity Name: Acetone

Market Price (Jan. 22, East China):3700 yuan/ton

Analysis Points: Domestic acetone market offer increased. At present, port inventory pressure is not big, TRADERS’confidence is increasing, cargo holders’ mentality has been boosted, tender sentiment is obvious, downstream terminal enterprises’purchasing follow-up is still acceptable, second-hand merchants’ inquiry atmosphere is strong, the volume of real transactions is general, business associations expect that the mainstream negotiation area of East China market is 3700 yuan/ton, the mainstream negotiation area of Yanshan and Shandong markets is 3700 yuan/ton, and that of South China market is 3700 yuan/ton. The bargaining price is around 3800 yuan/ton.