Karlsruhe (Germany): The European market has witnessed continuous stagnation in Acetone prices due to tight supply and rising naphtha prices in the region. Benzene, a key feedstock for Acetone production, has also experienced sharp price increases, reflecting a broader trend in the regional market of constrained supply. This price difference is driven by significant increases in downstream sectors such as Methyl Meth Acrylate (MMA), personal care, and cosmetics, which are affected by the limited availability of Acetone and the rapid rise in benzene prices. In the week ending March xxth, Acetone prices in the German market were observed at USD xxxx/MT, FD Karlsruhe, with fluctuations of USD xx/MT weekly.
In the first half of the month, the Acetone market showed minimal changes, with limited scope for fluctuations. Initially, there was ample supply of imported goods, leading to a rapid increase in...
