The domestic acetone market declined slightly at the beginning of the week and rose on Wednesday, but the performance and turnover of the week need to be improved. In the national market, the average offer during the week rose from 5530 to 5600 yuan / ton, rising in a narrow range. During the week, the international crude oil rose in a wide range, with an appropriate amount of Hong Kong stock. The mentality of cargo holders was supported, and the price support mood was heavy. The offer rose accordingly, but the logistics factors continued to affect, the transportation was limited, and the terminal demand was low. As of the press date, the negotiation in East China is 5500 yuan / ton, the offer in Shandong is 5550 yuan / ton, the offer in Yanshan surrounding areas is 5550 yuan / ton, and the offer in South China is 5750 yuan / ton.

Several units in the downstream of pure benzene were shut down, the operating rate of styrene in the main downstream decreased significantly, the demand decreased, and pure benzene continued to weaken. In the first half of the week, the demand in Shandong was sluggish, and enterprises traded at the low end. Crude oil rebounded in the middle of the week, and the price soared by more than 10%. The cost support strengthened, driving the rise of pure benzene. However, under the influence of domestic public health events, the demand for pure benzene was poor, the price rise was blocked, and the price rebounded slightly and then consolidated horizontally. This week, Sinopec cut the price of pure benzene by 150 yuan / ton to 8450 yuan / ton.

The focus of domestic isopropanol market this week is down. Affected by the epidemic, the logistics and transportation are not very smooth and the transaction is poor. The domestic isopropanol market is light, traders are more wait-and-see, and some manufacturers do not make external quotations, mainly for early orders. The confidence of cargo holders is insufficient and the price drops. Up to now, most of the quotations of isopropanol in Shandong are about 7000-7200 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7350-7400 yuan / ton. Internationally, isopropanol in the United States closed stable on April 12, while isopropanol in Europe closed down.

From the perspective of business community, the domestic acetone market continues to operate in a weak and volatile manner, and the market fundamentals are still weak. Although the crude oil price and cost support are strong, the cargo holders have little intention to lower the price, the supply side is relatively sufficient, and it is difficult to release the demand side. The acetone market operates in a volatile manner this week.