Acetone Prices Decline as Inventories Surpass Demand Volume in the US

Acetone Prices Decline as Inventories Surpass Demand Volume in the US

Patricia Jose Perez 28-Feb-2024

Texas (USA): Acetone prices in the US market continued to decline as demand volumes experienced a slowdown until the middle of Qx. However, benzene prices, which are a primary feedstock of Acetone, continued to increase in the US market amidst higher demand from domestic and international industrial and commercial units. Acetone prices witnessed a surge in Qx of xxxx due to limited inventories. Conversely, in Qx of xxxx, the situation reversed, with Acetone inventories proving to be sufficient against a moderate demand outlook from end-use manufacturing units. As of the week ending February xxrd, Acetone market prices were recorded at USD xxxx per MT, FOB Texas.

Margins in the Atlantic Basin, particularly in the US Gulf Coast, rebounded, led by a $x.xx/bbl increase on average in margins following a mid-month winter freeze. The late-month rally in cracks drove the increase in USGC margins, pushing Atlantic Basin margins...

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.