China's Acetone Prices Plunge in October 2025 on Supply Glut and Downstream Slump

Rene Swann 29-Oct-2025

China鈥檚 acetone market crashed in October 2025, and prices of CFR Shanghai plunged 8.4% in October 2025 due to the severe oversupply and post-Golden Week stagnant demand. East China port inventory climbed to 30,000 mt as phenol-acetone plants operated at higher than 75% with an unblocked supply of propylene and cumene, while Sinopec raised quotes to reduce inventory. Benzene feedstock prices declined 2.1% on the back of Brent crude at USD 63/bbl, and intra-Asia freight fell 12%. The region was spurred by cheap imports from Thailand, even with PTT Global鈥檚 15-day shutdown. Demand for acetone was still weak as BPA producers reduced run rates, and paints/coatings stood still due to construction delays. No restocking occurred after the holidays, which restricted Acetone prices. 果酱视频 expects November to be weak, with Q4 restaging unlikely unless PC demand picks up or crude prices stabilize.

Key Takeaways:

Acetone CFR Shanghai plunged *.** on a supply glut.
Cheap feedstock benzene/cumene prices lowered the manufacturing costs.
Acetone Demand slumped in the downstream BPA and coating sector post-Golden Week.
November outlook is bearish with limited Q* restocking amid crude volatility.

Acetone prices across China plunged in October ****, with CFR Shanghai quotations falling to USD ***/MT by the week ending ** October, absorbing an *.** monthly loss. This was due to an oversupply, high stocks, and weak demand, which was compounded by post-Golden Week sluggishness and global trade uncertainties, said data from鈥偣词悠�.

The bearish momentum in acetone prices was further strengthened during Oct **-**, when crude oil supply was abundant鈥俧rom upstream and phenol-acetone plants ran at above *** capacity, and there was no tight supply anticipated. East China port inventories rose to鈥�**,*** mt as...

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