On November 7, Hong Kong stock fell to 15000 tons, which was the lowest point in the new year. The acetone market rebounded from the bottom, and major mainstream markets rose one after another. According to the monitoring data of the business community, the average offer of acetone market in East China on November 7 was 5800 yuan/ton, up 350 yuan/ton or 6.8% compared with the previous trading day; Across the country, acetone was quoted at 5887 yuan/ton, up 180 yuan/ton or 3.2% compared with the previous trading day. On November 7, the offer was around 5800 yuan/ton in the East China market, 5900 yuan/ton in the South China region, and 5900-5950 yuan/ton in the North China and Shandong surrounding regions

Hong Kong stock fell to a new low in the year, and the expected arrivals were insufficient. In November, the supply of imported goods was obviously insufficient. It was reported that only a ship of 1000 tons from South Korea arrived at the port, while the port replenishment in November was mainly concentrated in the first ten days. It was reported that 6000 and 1000 tons were added to West China and Hengyang ports on the 8th, 3000 tons were added to West China ports on the 11th, and 10000 tons were still arriving at West China ports on the way until the 15th. At present, only 5000 tons from Saudi Arabia were added to West China ports at the end of the month.

The domestic operating rate is 70%, which is low compared with 90% of the annual level.

Some factories raised their listing prices to boost the market. Although there are only a small number of enterprises in this increase, it still provides a good support for the market. The mentality of the commodity holders is extremely large. In the case of relatively tight supply, the offer has been greatly raised, and it is difficult to clinch a deal at a low price of the actual order.

The market continued to decline for 15 days, with a large decline and rebounded from the bottom. Since the end of October, with the start of the settlement day, a new round of pricing cycle has been started, and the enthusiasm for downstream procurement is not high. According to the monitoring data of the business community, the daily price in East China was 6100 yuan/ton on October 20, and the acetone market had dropped to 5430 yuan/ton by November 6. The market continued to fall. The end plants mainly digested the contracts, and the market once entered a half month downturn, However, as the market fell all the way, some intermediate traders had low inventory expectations and market inquiry intentions, and the trading atmosphere was improved.

From the perspective of the business community, on the morning of the 8th, Lihua Yiweiyuan Acetone increased by 200 yuan/ton again, and executed 6100 yuan/ton. However, HKEx is currently at a low level, and there is no inventory pressure on the production enterprises. Today, we focus on the adjustment of major factories. It is expected that the market will continue to rise today. In the short term, acetone will still have a rising trend, and in the long term, we will focus on the production of new devices.