- BUTAC stable amid soft demand- ETAC falls upon healthy product availability heard



ACETONE/PHENOL - FD Northwest
Europe Acetone spot price at Eur1,000-Eur1,020/mt November 1, up Eur30-Eur34/mt
Oct. 31, following direction from an indicative value of a producer at
Eur1,000/mt FCA. At
Eur1,100-Eur1,030/mt, FD indicated that indications were being received for
Italy, Spain and southern France. A source
stated that phenol plant run rates have declined and are likely to fall
further, which will reduce acetone availability. The source said that acetone demand remained stable, despite
the decline in phenol demand. However, he added that acetone
is now more sought-after for applications like MMA production. According to a source, the acetone market is likely to
remain small with low import volumes into Europe. According to a source, around 25% of acetone production was
reduced due...