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This report is for the exclusive use of the client company. Distribution outside of the client company is strictly prohibited without the prior written consent of ICIS China. The contents presented herein are
strictly the opinion of ICIS China and are based on information collected within the public sector and on assessments by ICIS China staff. ICIS China MAKES NO GUARANTEE OR WARRANTY AND
ASSUMES NO LIABILITY AS TO THEIR USE.
CHINA Acetone Data Monthly | 08 Apr 2016 | www.icis-china.com/chemease
CHEMEASE CHINA ACETONE DATA MONTHLY
Table of Content
I. Highlights
II. Acetone
Acetone Price
Acetone Capacity &Production
Acetone Plant
Acetone Import
III. BPA
BPA Price
BPA Capacity &Production
BPA Plant
IPA Import
VI. Acetone Supply &
Demand
Acetone Supply
Acetone Consumption
VII. Acetone Supply &
Read more inside...
BPA Import
IV. MMA
MMA Price
MMA Capacity & Production
MMA Plant
MMA Import
V. IPA
IPA Price
IPA Capacity & Production
IPA Plant
Apr,2016 Issue No. M.M16040892
Highlights
Note:
Unless specified, prices in this report are taken as follows:
The CFR CMP is taken as reference for the import price.
The East China is taken as reference for the domestic price.
Price
China Acetone and Derivative Products Prices
Product Item Unit 21~29Feb. 1~10Mar. 11~20Mar. 21~31Mar. Change
Acetone CFR CMP USD/tonne 400 447 473 509
Acetone East China CNY/tonne 3,494 3,942 4,103 4,643
MMA East China CNY/tonne 9,372 9,710 9,900 10,895
BPA East China CNY/tonne 7,164 7,748 7,905 8,068
Benzene East China CNY/tonne 4,550 4,863 4,975 5,007
IPA East China CNY/tonne 4,808 5,165 5,330 5,720
-80%
-40%
0%
40%
80%
120%
0
20
40
60
80
100
120
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
China Acetone Production Statistics
2016 2015 YoY Change
YoY
Data Source: ICIS China
Unit: 000 tonnes
200
600
1,000
1,400
0
10,000
20,000
30,000
40,000
50,000
60,000
M/15A/15M/15J/15 J/15 A/15 S/15O/15N/15D/15 J/16 F/16
China Acetone Import Volume vs Price, Mar 2015 - Feb 2016
Volume Price
Unit: tonnes
Data Source: China Customs
USD/tonne
sample

Prices
The import and domestic prices closed at $515/
tonne and CNY4,950/tonne respectively on 31
Mar.
The imported price increased $115/tonne, and the domestic price increased CNY1,415/tonne.
Acetone
Acetone Prices Review
China domestic acetone output was totaled 87,700tonnes in Mar, increased 9.5% from the previous month levels.
Capacity & Production
China Acetone Production Statistics (Unit: 000 tonnes)
30%
60%
90%
120%
150%
0
20
40
60
80
100
120
A/15 M/15 J/15 J/15 A/15 S/15 O/15 N/15 D/15 J/16 F/16 M/16
China Acetone Production & Operating Rate, Apr 2015 - Mar 2016
Production O/R
Unit: 000 tonnes
O/R
Month Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 YoY Change MoM Change
Production 92.9 71.0 75.4 72.5 80.1 87.7 -13.5% 9.5%
O/R 73.4% 56.1% 59.6% 57.3% 63.3% 69.3% - -
Data Source:ICIS China
0
2,000
4,000
6,000
8,000
10,000
12,000
0
200
400
600
800
1,000
1,200
A/1
5
M/1
5
J/15
J/15
A/1
5
S/1
5
O/1
5
N/1
5
D/1
5
J/16
F/1
6
M/1
6
Unit:USD/tonne
Acetone Price-CFR CMP vs. EXT East China
Acetone. Spot Price. CFR CMP Acetone. Price. EXT East China
CNY/tonne
-80%
-40%
0%
40%
80%
120%
0
20
40
60
80
100
120
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
China Acetone Production Statistics
2016 2015 YoY Change
YoY
Unit: 000 tonnes
Date 16/3/1 16/3/2 16/3/3 16/3/4 16/3/5 16/3/6 16/3/7
CFR CMP USD/tonne 400 400 400 430 430 430 430
EXT East China CNY/tonne 3,535 3,635 3,715 3,750 3,750 3,750 3,850
Date 16/3/8 16/3/9 16/3/10 16/3/11 16/3/12 16/3/13 16/3/14
CFR CMP USD/tonne 430 430 430 463 463 463 463
Date 16/3/15 16/3/16 16/3/17 16/3/18 16/3/19 16/3/20 16/3/21
CFR CMP USD/tonne 463 463 463 498 498 498 498
Date 16/3/22 16/3/23 16/3/24 16/3/25 16/3/26 16/3/27 16/3/28
CFR CMP USD/tonne 498 498 498 515 515 515 515
Date 16/3/29 16/3/30 16/3/31
CFR CMP USD/tonne 515 515 515
EXT East China CNY/tonne 4,875 4,925 4,950
Date Source:ICIS China
sample

Acetone
Plant China Acetone unit shutdown/low operation rate schedule - expected/actual number of
days
New Acetone Projects in China
Note:
Project Status: 1-complished; 2-under work; 3-start to work; 4-prepare to start work; 5-design; 6-make as a project;
7-inner plan
Note: Red number represents shutdown; Black number represents low operation rate; the numbers all represent statistic
data in the month.
Import
During Feb, China imported 16,089tonnes of ace-
tone, decreased 54.1% year-on-year.
The average acetone import price reached $397/
tonne in Feb 2016.
Project Location Capacity(kt/yr) Scheduled Start-up Time Status
Shanghai Sinopec Mitsui Chemicals Shanghai Caojing 150 Jan,2015 1
FORMOSA CHEMICALS&FIBRE CORPORATION Zhejiang Ningbo 180 April,2015 1
Yanshan petrochemical Beijing Yanshan 80 Undecided 6
CEPSA Shanghai Caojing 150 April, 2015 1
China National Offshore Oil Corporation Guangdong Huizhou 130 2017 4
Ineos Phenol Jiangsu Nanjing 250 Undecided 4
200
600
1,000
1,400
0
10,000
20,000
30,000
40,000
50,000
60,000
M/15A/15M/15J/15 J/15 A/15 S/15O/15N/15D/15 J/16 F/16
China Acetone Import Volume vs Price, Mar 2015 - Feb 2016
Volume Price
Unit: tonnes
Data Source: China Customs
USD/tonne
Producer Capacity Comments
(kt/yr) Oct Nov Dec Jan Feb Mar
Guangdong Kingboard 117.5 3 10 31 31 15 5 Shut down from 27th Mar. for 10-15 days
Shiyou chemical 120 31 10 31 31 29 31 Average run at 87%
Blue Star 45 31 30 3 31 29 31 Average run at 71%
Jinlin PC 56 31 30 31 31 29 31 Average run at 70%
Gaoqiao PC1 37 1 31 31 29 31 Shut down from 30th Nov.
Gaoqiao PC2 23 31 30 31 31 29 31 Shut down from 30th Jun.
Gaoqiao PC3 85 13 30 31 11 29 31 Average run at 95%
Yanshan PC 1 40 3 30 31 31 29 29Shut down from 28th Oct. 2015 to 29th
Mar 2016Yanshan PC 2 75 31 30 31 31 29 31 Average run at 85%
Sinopec Tianjin 130 31 30 31 31 29 31 Average run at 82%
Lihuayi Weiyuan 130 31 7 31 29 6 Average run at 70%
Jiangsu Changchun Chemical 180 31 7 31 31 29 31 Average run at 71%
SSMC 150 5 30 31 31 29 31 Average run at 60%
Formosa Ningbo 180 10 30 31 31 29 31 Average run at 65%
CEPSA 150 31 18 31 31 29 31 Average run at 74%
sample

Acetone
China Acetone Import Statistics(Unit: 000 tonnes)
Prices
BPA
The prices of BPA gained from CNY 7,300/tonne at
the beginning month to CNY 8,500/tonne at the

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