Price trend

Analysis review

As the Spring Festival approaching, the MIBK market was sorted out at a high level and the market transaction was limited. The overall market negotiation was between 17,400 and 18,500 RMB/ton. As of the 17th, most of the downstream purchases were small orders, the overall price was on the high side, the market supply was still tight, the industry operating rate was less than 40%, and the market transactions were limited.

Market outlook

It is expected that the MIBK high will be strong in the near future. Wait for the market to become clear after the holiday.

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