Acetone Price
Monitor Acetone Prices By Country
See monthly Acetone prices in 5 countries: United States, China, Saudi Arabia, Belgium, India. Also check Acetone price history since 2007 and forecasts. Subscribe now to Intratec Primary Commodity Prices and gain access to current prices of Acetone and up to 258 other commodities prices.
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Data Legend. The Acetone prices presented are volume-weighted average transaction prices, unless otherwise indicated. The chart shows the Acetone prices in USA Dollar per metric ton (USD/mt) in 5 countries, as follows:
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United States: Acetone export price, FOB, encompassing all commercial grades (1)
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China: Acetone spot price, ex-works, 99.8% purity (1)
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Saudi Arabia: Acetone import price, CIF, from Jan 2007 until Nov 2021; export price, FOB, from Dec 2021 onwards
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Belgium: Acetone export price, FOB, encompassing all commercial grades (1)
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India: Acetone import price, CIF, encompassing all commercial grades (1)
Note 1. Price forecasts (upcoming 9 months) available only to subscribers of the 'Pro' or 'Business' plans.
Data Use. To better understand Primary Commodity Prices functionalities, check User Guide . For further information about data gathering methods, see Intratec methodology .
Price Dynamics. The Acetone price in Belgium decreased during April 2018 to 754 USD per metric ton, which represents a slight decline of 4% compared to the previous month’s value. On a year-over-year basis, Acetone prices in Belgium decreased by 5%. Meanwhile, in China, the average price of Acetone amounted to 919 USD per metric ton in April 2018, from 823 USD per metric ton one year earlier. On a month-over-month basis, the current Acetone price in China is 5% higher than the price one month before.
The price of Acetone in India declined considerably throughout April 2018, reaching 770 USD per metric ton. The current price in India is 16% lower than the average price in the last month and 22% lower than the average price one year ago. In contrast, Acetone prices in Saudi Arabia decreased modestly during April 2018, reaching 759 USD per metric ton, which means a decline of 0.5% from the previous month’s price and a decline of 23% from the previous year’s price.
In the month examined, the Acetone prices in United States experienced a significant rise of 179 USD per metric ton from the previous month's price, to 847 USD per metric ton. Such price movement in United States meant a rise of 17% on a monthly basis and a rise of 20% on a yearly basis.
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About Acetone. Acetone (a.k.a. Propanone, Dimethyl Ketone) is a colorless, volatile, flammable liquid with a characteristic odor and it is miscible with water and most organic solvents. It is the simplest and most important of the ketones. Acetone occurs naturally in forests and as breakdown product of animal metabolism. Propanone was first produced by alchemists between the 13th and 15th century; however, its formula was only discovered in 1833, with industrial production beginning in 1999.
Acetone should be stored in tightly closed containers in a cool, dry and well-ventilated area. It must be stored away from heat, sparks and other ignition sources. Acetone is usually shipped to consumers and distributors in drums and larger containers. Distributors repackage the acetone into containers ranging in size from small bottles to drums or even tank trucks. Small quantities can be transported in glass vessels which carry up to 4–5 L, steel pails with capacity of 18 L. Usual materials for larger containers are carbon steel for 210 L drums, stainless steel or aluminum for tank trucks, and carbon steel, lined steel, or aluminum for rail tank cars. Barges and ships are usually steel, but may have special inner or deck-mounted tanks. Tank cars contain up to 40, 80, or 120 m3 of material, tank trucks 23 m3, and barges 1270 tons. International shipments by sea are typically 2000 tons.
Raw materials and the respective production processes employed in the manufacturing of Acetone are listed below.
- Cumene (liquid-phase oxidation/acid-catalysed hydrolysis, coproduced with phenol)
- Isopropanol (vapour-phase dehydrogenation)
- Naphta, heavy (liquid-phase oxidation process, coproduced with formic acid, acetic acid, propionic acid, methyl ethyl ketone)
The uses and applications of Acetone may vary according to its specification. The main forms of Acetone are high purity; specially analyzed; analytical reagent grade; chromatography grade; and spectrophotometric grade.
Acetone is mostly used as chemical building block; solvent for organic chemicals, alcohol group protection reagent and essential oil extraction solvent. This commodity can be used in the manufacture of derivatives, such as: BPA (bisphenol A); isophorone; methyl n-amyl ketone; methylbutynol; methyl isoamyl ketone; methyl isobutyl ketone; methyl vinyl ketone; propylene