- IPA stable among mixed fundamentals heard- Acetone unchanged due to
continued limited supply and demand





ACETONE/PHENOL : The FD Northwest Europe
acetone spot prices at Eur1,020-1,045/mt December 13, in line with a
trader’s corroboration. As the end of the year nears, market players are
looking to de-stock inventories. The market
was weak, and operating rates were low because of high production costs. This
led to balance in the market. Some players will return to
quarterly adder pricing while others will keep their monthly pricing with an
added energy surcharge. Some players will return to quarterly
pricing, while others will keep monthly pricing with an energy surcharge. Benzene for
delivery five- to 30-days forward at $776.50/mt CIF ARA December 13, up from
$720.25/mt CIF ARA December 6. Another source indicated that there
was healthy demand and balanced supply.