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Texas (USA)- In the North American market, Acetone prices rebounded towards the end of the second quarter of xxxx. This upturn was attributed to a well-balanced ratio between production costs and demand forecasts. Demand stemmed from end-use manufacturing units across both domestic and international markets. Acetone market dynamics rely heavily on production costs, demand volume from consumers, and inventory availability in the domestic market. Moreover, the supply chain in the US market is currently on edge as shippers, manufacturers, and industry experts prepare for hurricanes and the disruptions that have occurred and will continue to impact Acetone manufacturing and the domestic market in the upcoming weeks.
For the week ending June xxth, xxxx, final Acetone prices were observed at USD xxxx/MT FOB Texas, reflecting a minor weekly difference of x.xx from the previous week.
Acetone production requires propylene as a major feedstock, subsequently relying on naphtha...
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