During Q1 2025, the Acetone Industrial Grade (Purity: >99%) market registered a decline in prices, with Saudi Arabia FOB Jeddah, recording $775/MT, a -2% fall compared to Q4 2024. This decline in prices was considerably fueled by the continued difficulties experienced in the world economy, with slower industrial revival in key markets such as the U.S. and South Korea. Weak demand in areas like Automotive and Electronics, coupled with overproduction in some markets, resulted in oversupply and downward pressure on prices. Shipping and logistics problems continued to restrict the capacity of manufacturers to offset supplies to match demand, which contributed to overall market uncertainty.
Carrying forward into Q1 2025, the India Ex-Kandla Acetone Industrial Grade (Purity: >99%) market maintained its weak downtrend, with prices indicated at USD 815/MT, down by -4.68% compared to Q4 2024. The market continued to remain under pressure since demand from major sectors such as solvents, resins, and pharma remained constrained during the post-festive period. Furthermore, lower weather temperatures throughout the country lowered the demand for solvent-based applications. Local producers operated at normal capacity, with supply levels holding steady and the market remaining well stocked, further contributing to the stable but subdued price environment.















