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.
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.
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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.
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]
CAS No
HS Code
Molecular Formula
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
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
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 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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