- Global acetone prices showed an overall upward trend in Q1’26, with strong gains toward the end of the quarter despite temporary softness during the mid-period.
- Feedstock support from benzene and propylene remained a key driver, keeping production costs elevated and supporting price increases.
- Downstream demand remained mixed, with stronger uptake from core sectors offsetting weaker recovery in solvents and other applications.
Asia
In Asia, acetone prices showed a sharp upward movement driven by strong cost-side and logistical shocks. In China, the prices were ~4.40 RMB/kg (Spot) in January and ~6.43 RMB/kg in March, and acetone prices increased by ~45%. The increase was mainly driven by a surge in crude oil prices linked to tensions in the Middle East, which disrupted shipping through the Strait of Hormuz and tightened feedstock availability. This pushed up benzene and propylene costs, directly raising acetone production costs. At the same time, controlled imports and limited inventory pressure supported the upward movement. In India, the prices were ~55.74 INR/kg (Spot) in January and ~103.29 INR/kg in March, reflecting an increase of ~80%. The sharper rise was due to higher dependence on imported feedstocks, which made the market more exposed to crude price spikes and logistical disruptions. Supply chain delays, higher freight costs, and stronger cost pass-through amplified the increase, while steady downstream demand supported price transmission.
Europe
In Europe, acetone prices were influenced by fluctuations in feedstock costs and changes in regional supply-demand balance. Higher benzene and crude-linked costs supported the market and prevented a sharper correction during weaker demand phases. At the same time, downstream consumption remained uneven, which limited uninterrupted upward movement. Buyers stayed cautious in procurement, and pricing direction was shaped by a combination of cost support, demand variability, and the availability of imported material. As a result, the European market remained firm overall, but gains were moderated by selective buying behaviour and the absence of uniformly strong downstream consumption.
North America
In the American market, acetone prices were supported by firm feedstock costs and relatively stable downstream demand from industrial and chemical sectors. The market remained generally balanced, with cost-side pressure providing support even when buying activity was not especially aggressive. Regional pricing also reflected broader global market movements, particularly changes in raw material costs and international trade conditions. Demand from core downstream applications helped maintain steady procurement, allowing the market to stay supported through the quarter without showing sharp weakness.