- Supported March acetone prices with tight spot supplies- India's prices show an
uptrend in week- India’s Deepak Phenolics will
close the acetone-phenol plant at late March to maintain







According to one source, the Asian
acetone-phenol market was steady to firmer this week due to tight supplies. Sources said that it was difficult for
non-Chinese phenol producers to compete with China's prices. According to
one source, March shipment buying indications were heard at $1,100-1,040/mt.
This was despite slow demand from downstream sectors. The buyer accepted
that the H2 March delivery cargo would have a higher price due to spot availability
being tighter towards the end of March. Discussions continued in India. India
ex-tank Acetone rose to Rupees 80/kg in Kandla, and Rupees 81/kg in Mumbai port. The current
price rise in India ex-tank acetone was due to low...