Acetone Pricing Assessment

  • Commodity Pricing

acetone Markets Covered: 

beBelgium
saSaudi Arabia
sgSingapore
krKorea
twTaiwan
thThailand
usUnited States
auAustralia
cnChina
deGermany
inIndia
idIndonesia
myMalaysia
mxMexico
nlNetherlands
vnVietnam

acetone Markets Covered: 

Global acetone Price Trend, Analysis and Forecast​

During Q1 2025, the Acetone Industrial Grade (Purity: >99%) market registered a decline in prices, with Saudi Arabia FOB Jeddah, recording $775/MT, a -2% fall compared to Q4 2024. This decline in prices was considerably fueled by the continued difficulties experienced in the world economy, with slower industrial revival in key markets such as the U.S. and South Korea. Weak demand in areas like Automotive and Electronics, coupled with overproduction in some markets, resulted in oversupply and downward pressure on prices. Shipping and logistics problems continued to restrict the capacity of manufacturers to offset supplies to match demand, which contributed to overall market uncertainty. 

In Q4 2024, Acetone Industrial Grade (Purity: >99%) prices continued to fall, with Saudi Arabia FOB Jeddah, seeing $791.6/MT, down -3.97% from Q3. The decline was brought about by various factors, the most notable being the year-end slowdown in the manufacturing operations and the seasonal slump in demand by the Packaging and Consumer Goods industry. The rising raw material costs, particularly those of Propylene, also imposed downward pressure on prices since manufacturers experienced tighter margins. In addition, global logistics problems, including container availability, still plagued the supply chain, resulting in inefficiencies of production and distribution, which in turn helped reduce prices.  

During Q3 2024, the international Acetone Industrial Grade (Purity: >99%) market experienced a small drop in prices, where Saudi Arabia FOB Jeddah, recorded $824.3/MT, which was -1.61% lower than the last quarter. The price decline was largely caused by softened demand from major industries such as Pharmaceuticals and Automotive, which had experienced a deceleration in production. Furthermore, there were lingering issues with shipping disruptions and increased freight expenses, which impacted supply chains, especially in Europe and Asia. Despite all these, the market still had a consistent level of demand from the Chemicals and Coatings industries that restrained the price drop.  

In Q2 2024, Saudi Arabia FOB Jeddah, Acetone Industrial Grade (Purity: >99%) prices displayed a positive-stabilized trend, increasing to $837.8/MT, a slight but significant increase of +0.13% from Q1. This surge was led by a recovery in demand from the Coatings and Pharmaceutical industries, especially in Asia and the U.S. Besides, a resumption of manufacturing activity, especially in Automotive and Electronics industries, contributed to stronger demand for solvents based on Acetone. While concerns over shipping cost and container shortage still lingered in Asia, market sentiment was still positive on account of equilibrium between supply and demand. 

During Q1 2024, the international Acetone Industrial Grade (Purity: >99%) market experienced a mixed but overall stable trend, with prices in the Middle East, namely Saudi Arabia FOB Jeddah, quoted at $836.75/MT. This represented a slight drop of -0.06% compared to the last quarter, indicating a stabilization in prices due to over-supplied and consistent demand from industries such as Chemicals, Solvents, and Pharmaceuticals. The overall market was driven by the volatility of feedstock Propylene prices and modest demand from major markets, such as the U.S., South Korea, and Belgium. Apart from some difficulty in global shipping and logistics, the Acetone market in Q1 was generally stable 

India acetone Price Trend, Analysis and Forecast

Carrying forward into Q1 2025, the India Ex-Kandla Acetone Industrial Grade (Purity: >99%) market maintained its weak downtrend, with prices indicated at USD 815/MT, down by -4.68% compared to Q4 2024. The market continued to remain under pressure since demand from major sectors such as solvents, resins, and pharma remained constrained during the post-festive period. Furthermore, lower weather temperatures throughout the country lowered the demand for solvent-based applications. Local producers operated at normal capacity, with supply levels holding steady and the market remaining well stocked, further contributing to the stable but subdued price environment. 

By Q4 2024, the India Ex-Kandla Acetone Industrial Grade (Purity: >99%) market plummeted sharply, with prices dropping to USD 855/MT, a -24.67% decline from Q3. This sharp decline was due to high availability in the domestic market and poor festive demand, especially from the packaging and cosmetics industries, which typically drive consumption during this period. In addition, lower import prices, because of eased global transport rates and stabilization of currencies contributed towards the pressure on prices. Consequently, the suppliers provided competitive prices to close stockpiles, which created a bearish trend in the market. 

During Q3 2024, India Ex-Kandla Acetone Industrial Grade (Purity: >99%) prices bottomed lower at USD 1135/MT, marking a 6.20% quarter-on-quarter drop. The key factor for the decrease was slow buying appetite by end-user sectors, primarily owing to the monsoon season that usually retards construction and production activities. Besides, healthy product availability in the local market contributed to a well-balanced supply-demand environment. Traders and importers used a conservative strategy, which led to minimal stockpiling and tempered price action. 

In Q2 2024, Acetone Industrial Grade (Purity: >99%) prices in India Ex-Kandla recovered to USD 1210/MT with a growth of +11.52% over Q1. The rise was due to high demand from downstream industries like paints, coatings, and adhesives due to the commencement of the construction season. Solvent demand for cooling and air-conditioning-based industries also rises during summer months. In addition, reducing supply from maintenance shutdowns scheduled at some of the domestic units contributed to upward pressure on prices. On the logistics side, an increase in freight rates and congestion at major Indian ports restricted imports marginally, keeping the local market tight. 

During Q1 2024, India’s Ex-Kandla Acetone Industrial Grade (Purity: >99%) market registered a price drop, reaching USD 1085/MT, which was a -4.82% decrease compared to the last quarter. This decline was primarily driven by subdued domestic off-take, particularly from the solvents and pharma sector. The industrial activity slowdown early in the year, coupled with reduced procurement demand, maintained subdued market sentiment. In addition, inventory levels were constant, and there were no significant supply shortages, resulting in a stable but somewhat weak price trend. 

acetone Parameters Covered: 

  • Propylene
  • Benzene 
  • Cumene 
  • Belgium
  • Saudi Arabia 
  • Singapore 
  • South Korea 
  • Taiwan  
  • Thailand 
  • USA 
  • Nail polish removers, Facial cleansers, Skin toners, Perfumes and deodorants 
  • Acrylic sheets (PMMA), Paints and coatings, Adhesives and Sealants, Epoxy floor coatings 
  • Active pharmaceutical ingredients (APIs), Tablet coatings, pharmaceutical solvents, Disinfectants and sanitizers  
  • Polycarbonate components, Paint thinners and cleaners, Brake fluids, Plastic interior parts
  • Australia 
  • China 
  • Germany 
  • India 
  • Indonesia 
  • Malaysia 
  • Mexico 
  • Netherlands 
  • Vietnam 

acetone Parameters Covered: 

Why PriceWatch?

PriceWatch 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, PriceWatch keeps you fully informed of market dynamics.

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

Track PriceWatch'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.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch 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: PriceWatch 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: PriceWatch 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: PriceWatch 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: PriceWatch 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: PriceWatch 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 PriceWatch 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.

Molecular Weight[g/mol]

58.08 g/mol

CAS No

67-64-1

HS Code

29141100

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.

PriceWatch 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. 

Acetone price provided by PriceWatch 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. PriceWatch 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.

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.

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.

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.

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