European phenol cut or by acetone prices

According to reports,the Europe acetone purchaser will have to face acetone prices,and was disappointed.Since some phenol plant to reduce the load rate.Acetone is phenol associated products,mainly for the production of methyl methacrylate (MMA) and bisphenol A (BPA). Phenol loading rate of decline since the second quarter of bisphenol A into the polycarbonate market decline in demand,thereby reducing the market supply of acetone,prompting market prices.Currently the European phenol plant capacity utilization rate of about 80%,in some places even lower.European acetone prices to 950 euros/tonne FD NWE, up €100/t,compared to four weeks ago.A production of MMA acetone big buyers:demand is on the decline,he can buy all the necessary acetone.Acetone contract partners are ready for the next round of negotiations,in order to set a monthly contract price in October,but the upstream market volatility,the new price is difficult to predict.

By Sabrina