Karlsruhe- The European market continued to witness the bullish pricing dynamics under the influence of the limited supply and the unleashed prices of naphtha in the regional market. Further, benzene which is the major and the primary feedstock required for the production of Acetone witnessed the price hike steadily, reflecting the overall trend in the regional market due to a constrained supply. The growing price difference is a consequence of significant price hikes in downstream sectors like Acetone, personal care, and cosmetics, which are influenced by the limited availability of Acetone and the rapid rise in feedstock benzene prices. As of the week ending March xth, Acetone prices in the market were recorded at USD xxxx per metric ton, free delivered to Karlsruhe, with a total variation of x.xx weekly.
The pricing dynamics of Acetone in the domestic market are influenced by several factors, including the...
