Acetone Demand growth in downstream industries such as bisphenol A, MMA, and isopropanol is weak, especially in the phenol market, where the price rebound was short-lived and failed to effectively boost phenol-acetone profits.
Following the National Day holiday in October, traders and downstream factories faced increased pressure to fulfill contracts, leading to a contraction in purchasing demand. Port inventories climbed to high levels, and traders continued their destocking efforts, suppressing upward price potential. Focus on regional price difference opportunities, prioritizing companies with strong financial backing.
