US acetone price pressure likely to continue in May amid oversupply

摘要

HOUSTON (ICIS)--Downward price pressure is expected to continue in May in US acetone markets amid oversupplied conditions that have worsened this spring.Competitive pricing has been noted for acetone consumers outside of the large-buyer barge contract settlement, which is strictly tied to movement in key feedstock refinery- grade propylene (RGP), as producers manage their acetone balances.