ChemAnalyst Market Research Report

North America In the fourth quarter of 2023, the Acetone market in North America experienced a substantial surge in prices. The market encountered tight supply constraints due to limited volumes in the domestic spot market, and production rates declined, leading to an accumulation of inventory. However, limited procurement activities by potential buyers posed significant price challenges, resulting in a premium in the domestic market. The United States was the most impacted country, with prices following a bullish trend due to robust cost support from upstream Benzene and high demand from downstream derivatives, particularly the Bisphenol A industry. The country also faced restricted inventory availability, contributing to price hikes. Notably, there were no reported plant shutdowns during this quarter. Inflationary pressures had increased as the prices of materials, such as metals and plastics from suppliers, and transportation charges, rose more sharply. In response to OPEC's sup...

  North America In the fourth quarter of 2023, the Acetone market in North America experienced a substantial surge in prices. The market encountered tight supply constraints due to limited volumes in the domestic spot market, and production rates declined, leading to an accumulation of inventory. However, limited procurement activities by potential buyers posed significant price challenges, resulting in a premium in the domestic market. The United States was the most impacted country, with prices following a bullish trend due to robust cost support from upstream Benzene and high demand from downstream derivatives, particularly the Bisphenol A industry. The country also faced restricted inventory availability, contributing to price hikes. Notably, there were no reported plant shutdowns during this quarter. Inflationary pressures had increased as the prices of materials, such as metals and plastics from suppliers, and transportation charges, rose more sharply. In response to OPEC's s...

North America In the fourth quarter of 2023, the Acetone market in North America experienced a substantial surge in prices. The market encountered tight supply constraints due to limited volumes in the domestic spot market, and production rates declined, leading to an accumulation of inventory. However, limited procurement activities by potential buyers posed significant price challenges, resulting in a premium in the domestic market. The United States was the most impacted country, with prices following a bullish trend due to robust cost support from upstream Benzene and high demand from downstream derivatives, particularly the Bisphenol A industry. The country also faced restricted inventory availability, contributing to price hikes. Notably, there were no reported plant shutdowns during this quarter. Inflationary pressures had increased as the prices of materials, such as metals and plastics from suppliers, and transportation charges, rose more sharply. In response to OPEC's sup...