Product name: MIBK

Spot price: 17,600 RMB/ton.

Analysis review

After the holiday, the MIBK market remained stable and the reference discussed price in the East China market was between 17,500 and 17,600 RMB/ton. The release of market procurement demand after the holiday was limited, and the atmosphere for inquiries was insufficient. The raw material acetone continued to decline after the holiday, and the cost side was also difficult to have support. However, the supply of goods in the MIBK market was limited, and the traders had a decent mentality, with little intention to sell. On the other hand, the factory mainly shipped according to orders, with few new orders.

Market outlook

In the short term, the price of MIBK market will be adjusted in a range, and the market will operate steadily.

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