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US Acetone prices are expected to decline through June ****, with market conditions closely mirroring the bearish structure seen in China鈥檚 phenol鈥揳cetone chain. The dominant theme is a loose supply鈥揹emand balance, driven by high domestic operating rates, steady output from integrated phenol鈥揳cetone units, and limited downstream pull. Producers continue to run at elevated utilization levels, and with no major outages scheduled, June supply is projected to remain abundant. This keeps sellers in a competitive posture, widening discounts to stimulate movement of existing stocks.
Acetone demand indicators remain weak. Downstream sectors such as construction materials, automotive coatings, adhesives, and Bisphenol-A derivatives are entering their typical off-season, reducing procurement appetite. Buyers are expected to maintain just-in-time purchasing, avoiding forward coverage due to soft order books and weak confidence. This mirrors the cautious sentiment described in the phenol鈥揳cetone demand chain.
Acetone upstream support is also fading....
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