Product Name: MIBK

The latest price (January 10th) was 15,333 RMB/ton, an increase of 1.55% from the previous working day's 15,100 RMB/ton.

Analysis review

Affected by the tight supply side, the MIBK market had shifted its focus upwards, with Ningbo Juhua's 5,000 ton and Zhejiang Zhenyang's 20,000 ton units undergoing synchronous maintenance. The market's spot supply was tight, and there was a shortage of circulating goods in the market. Traders had pushed up prices with a small amount of supply. From a downstream perspective, terminal factories mainly relied on rigid procurement, and their acceptance of high prices was limited. From a cost perspective, the impact was not significant, as the acetone market rose and then fell.

Market outlook

Affected by short-term tight demand, it is expected that the MIBK market will continue to operate steadily in the near future, but downstream enthusiasm for raw material procurement is not high, mainly based on demand.

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