acetone Pricing Assessment

Markets Covered:

Belgium

Saudi Arabia

Singapore

Korea

Taiwan

Thailand

United States

Australia

China

Germany

India

Indonesia

Malaysia

Mexico

Netherlands

Vietnam

Acetone Price Trend, Analysis and Forecast

In Q1 2024, the global Acetone market saw a mixed but generally stable trend, with prices in the Middle East, specifically Saudi Arabia, reported at $836.75/MT. This marked a slight decrease of -0.06% from the previous quarter, reflecting a stabilization in pricing due to abundant supply and steady demand from sectors like Chemicals, Solvents, and Pharmaceuticals. The broader market was influenced by fluctuations in feedstock Propylene prices and moderate demand from key regions, including the U.S., South Korea, and Belgium. Despite some challenges in global shipping and logistics, the Acetone market in Q1 remained relatively stable.

In Q2 2024, Acetone prices in Saudi Arabia showed a positive-stabilized trend, rising to $837.8/MT, a small but notable increase of 0.13% from Q1. This upward movement was driven by a rebound in demand from the Pharmaceutical and Coatings industries, particularly in Asia and the U.S. Additionally, a resurgence in manufacturing activity, particularly in Electronics and Automotive sectors, supported stronger demand for Acetone-based solvents. Although there were still concerns over shipping costs and container shortages in Asia, overall market sentiment remained positive due to balanced supply and demand dynamics.

By early Q3 2024, Acetone prices continued to stabilize, with the Middle East reporting $838/MT in July, showing a slight positive increase of 0.06% from June. The market’s steady behaviour was largely attributed to consistent global supply, especially from major producers in South Korea, Taiwan, and the U.S. However, ongoing disruptions in shipping routes, high freight costs, and container shortages continued to impact the Acetone market in Asia and Europe. Despite these challenges, the balanced demand from key industries helped maintain the price stability seen throughout Q3.

Looking ahead to Q4 2024, market trends suggest potential upward pressure on Acetone prices. The approach of the festive season is expected to increase demand from the Packaging and Consumer Goods sectors, particularly in regions like the U.S. and Asia. Additionally, rising raw material costs, particularly for propylene, which is a key feedstock for Acetone production, may contribute to price increases. If production levels remain stable and demand surges during the end-of-year holiday season, Acetone prices may see a gradual rise throughout Q4 2024.

Why ?

is your trusted resource for tracking global liquified natural gas price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the liquified natural gas market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence liquified natural gas prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely Lactic Acid market data.

Track ‘s liquified natural gas price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

is your trusted resource for tracking global acetone price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the acetone market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence acetone prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely acetone market data.

Track 's acetone price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in acetone prices

COVID-19 Pandemic (2020-2021): The pandemic initially caused a drop in Acetone demand as industrial activities slowed, but demand surged later due to the increased production of hygiene products like sanitizers, where Acetone is a key ingredient.

U.S.-China Trade War (2018-2019): Trade tensions between the U.S. and China disrupted global supply chains, leading to shortages of Acetone and significant price volatility in international markets.

Hurricane Harvey (2017): Severe flooding along the U.S. Gulf Coast affected chemical production facilities, including those producing Acetone, resulting in supply shortages and a temporary spike in prices.

These events highlight the Acetone market’s sensitivity to global disruptions and emphasize the importance of closely monitoring both supply chain factors and geopolitical developments to anticipate future price changes.

Methodology and Specifications

acetone Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: gathers real-time pricing data from multiple sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our Acetone price assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team collects insights directly from key market participants, such as Acetone producers, suppliers, traders, and end-users across major production regions. This localized intelligence is crucial for understanding market dynamics specific to each region.

Supply Chain Monitoring: We monitor the entire Acetone supply chain, from raw materials like propylene to production and distribution channels. This includes tracking feedstock prices, production capacity, and transportation logistics, helping us provide a complete market overview.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors geopolitical events, such as trade disputes and regional conflicts, that could affect Acetone supply chains. For example, issues like disruptions in propylene supply from Middle Eastern countries have a direct impact on Acetone production and pricing.

Natural Disasters and Climate Events: Our analysis includes the impact of climate events, such as hurricanes or floods, particularly in regions like the U.S. Gulf Coast and Southeast Asia, which house critical Acetone production facilities. These disruptions can lead to temporary supply shortages and price volatility.

Regulatory Changes and Industry Shifts: tracks shift in environmental regulations and industry standards, such as the tightening of safety regulations in chemical production, which can influence Acetone demand and supply trends.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain an up-to-date database of global Acetone production facilities, tracking their operational status, maintenance activities, and output levels. This helps us accurately assess the available supply in the market at any given time.

Future Capacity Projections: Our research also covers future production capacities, factoring in new plants, expansions, and technological advancements in Acetone production. This allows us to predict future supply trends and potential price movements.

Demand Forecasting

Sectoral Demand Analysis: provides a detailed analysis of demand trends across key sectors, such as pharmaceuticals, plastics, and solvents. We analyse year-on-year demand growth and predict future consumption based on economic indicators and industry trends.

Global Demand Dynamics: Our methodology also considers regional demand shifts and how they impact global Acetone prices. This includes tracking manufacturing trends, changes in environmental policies, and trade flows that influence demand in key markets like the U.S., China, and Europe.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Acetone prices, incorporating real-time data, historical pricing trends, and projected market conditions. We continuously refine these models to improve accuracy and deliver reliable forecasts.

Scenario Analysis: We conduct scenario-based assessments to anticipate potential market developments. This includes best-case, worst-case, and most likely scenarios, allowing our clients to prepare for a range of possible market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to provide clear, actionable insights.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most accurate and up-to-date information to make informed business decisions. Our experts are available to discuss market developments and offer tailored advice.

This research methodology ensures that delivers accurate, timely, and actionable Acetone pricing assessments, enabling our clients to stay ahead of market trends and make informed decisions in an ever-changing market.

Specifications

Molecular Weight[g/mol]

58.08 g/mol

CAS No

67-64-1

HS Code

291411

Molecular Formula

C₃H₆O

acetone

Acetone is a colourless, volatile liquid widely used as a solvent in industries such as pharmaceuticals, cosmetics, and coatings. It is also a key intermediate in the production of chemicals like methyl methacrylate and bisphenol A. Acetone is known for its strong dissolving properties and rapid evaporation.

Packaging Type

Drum (160 Kgs) (Import-Export-Domestic), Tanker (Domestic)

Grades Covered

Industrial Grade (Purity: >99%)

Incoterms Used

FD Antwerp, FOB Jeddah, FOB Port of Singapore, FOB Busan, FOB Kaohsiung, FOB Laem Chabang, FOB Houston, CIF Melbourne (Singapore), CIF Shanghai (Saudi Arabia, Thailand, South Korea), FD Hamburg (Belgium), CIF Nhava Seva (South Korea, Taiwan), Ex-Kandla, Ex-Mumbai (Repack, Intact), CIF Jakarta (Singapore), CIF Port Kelang (Singapore), CIF Manzanillo (USA), FD Rotterdam (Belgium), CIF Haiphong (Taiwan, Singapore).

Synonym

Dimethyl ketone, methyl ketone, 2-propanone, b-ketopropanone, dimethyl formaldehyde, pyroacetic ether.

Quotation Terms:

25-30 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

SL. NO.	CHARACTERISTICS	ANALYSIS REPORT	SPECIFICATIONS
1.	Colour (H.U.)	5	10 max.
2.	Relative Density at 27/27°C	0.7850	0.7840 to 0.7860
3.	Distillation Range	Agree with Specification	Shall distil within 1°C including 56.1°C
4.	Water Content (Wt. %)	0.29	0.40 max.
5.	Residue on Evaporation (mg/100 ml)	0.5	5 max.
6.	Acidity as CH3 COOH (gm/100 ml)	0.0006	0.002 max.
7.	Alkalinity	Pass	To Pass the Test
8.	Permanganate Test at 25o+ 0.2°C	Pass	30 Minutes Min.
9.	Alcoholic Impurities	Pass	To Pass the Test
10.	Miscibility with water	Agree with Specification	Shall show no turbidity on mixing with distilled water at 27°C
11.	Purity By GC (Wt. %)	99.98	99.70 min.
12.	Methanol (in ppm)	76.0	300 max
13	Benzene (in ppm)	<2	2 max

Applications

Acetone is primarily used as a feedstock or intermediate to produce various chemicals. It plays a key role in the manufacturing of isopropanol, methyl methacrylate, and bisphenol A. Additionally, Acetone is widely used as a solvent in industries such as pharmaceuticals, cosmetics, and coatings, due to its ability to dissolve a variety of substances. It’s also found in cleaning agents, nail polish removers, and is used in laboratories for cleaning and degreasing.

Disclaimer

Acetone price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for acetone. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Request a Price Watch Demo

Frequently asked questions

What factors influence acetone prices in the global market? +

Acetone prices are affected by several key factors, including the cost of feedstocks like propylene, which is derived from crude oil and natural gas. Other significant influences include fluctuations in crude oil prices, refinery production levels, transportation costs, and environmental regulations. Additionally, supply-demand imbalances, particularly in major production regions like Asia and North America, and disruptions due to geopolitical issues or natural disasters, can impact acetone pricing trends.

How do supply chain disruptions impact the pricing of acetone? +

Supply chain disruptions, such as plant shutdowns, port delays, or shortages of raw materials like propylene, can lead to sharp increases in acetone prices. For example, when propylene supplies tighten due to refinery outages or production cuts, acetone production costs rise, leading to higher market prices. Conversely, improved supply chain efficiency or reduced transportation costs can help stabilize or lower acetone prices. Procurement teams should stay informed on supply chain developments to optimize their purchasing strategies.

What are the regional price differences for acetone, and how should procurement heads adapt? +

Acetone prices vary significantly across different regions due to factors like production capacity, local demand, and logistics. For instance, Asia, a leading producer of acetone, often has more competitive prices compared to Europe or the US, where higher production costs and stricter environmental regulations may drive up prices. Procurement heads should consider these regional variations by exploring opportunities to source acetone from cost-competitive regions or leveraging long-term contracts in regions with favorable pricing to reduce exposure to price volatility.