On November 1, the national acetone market fell sharply

Sinopec’s invoicing price in East China has been reduced by 200 yuan/ton, and 5600 yuan/ton. The factory has been reduced intensively. Today’s opening fundamentals are weak, and the intention of shippers to give up profits has increased. In particular, the offer in East China has dropped significantly, with the negotiated price at 5400-5450 yuan/ton. Other mainstream regions have fallen by the same margin. The terminal factory has been slow to follow up, and the inquiry is mainly limited to actual orders. The focus is on the follow-up of terminal procurement tomorrow.

 

Gamma-PGA (gamma polyglutamic acid)

The offer of acetone in major mainstream markets in China is as follows:

 

Region, quotation, rise and fall

East China, 5400., – 300

Shandong Province., 5850., – 200

Yanshan District., 5900., 0

South China., 5850., – 50

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