TITLE

Acetone may have reached its peak

AUTHOR(S)
Hwee, Peh Soo; Brice, Andy
PUB. DATE
February 2007
SOURCE
ICIS Chemical Business;2/12/2007, Vol. 2 Issue 53, p37
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that acetone spot prices in China could peak at the 21-month high, with further gains capped by slowing buying momentum ahead of the 2007 Chinese New Year holidays. The upturn was partly due to turnaround in December 2006 at the plant of China's phenol-acetone producer, Gaoqiao Petrochemical, in Caojing, near Shanghai, China. Local sellers also raised prices, giving the market a boost.
ACCESSION #
24202622

 

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