Price trend

The domestic MIBK market rose slightly, which was mainly supported by the overall rise of acetone at the raw material end after the festival. Under the pressure of cost, the focus of negotiation rose by about 100-150 RMB/ton, and the overall negotiation range was 10,600-10,750 RMB/ton.

Analysis review

The raw material acetone factory raised 300-500 RMB/ton on the 9th, the listing price of factories in various regions was 6,000-6,200 RMB/ton, and the major mainstream markets negotiated to increase it to 6,150-6,250 RMB/ton. The offer of acetone in East China rose to 6,150 RMB/ton, while that in Shandong and North China rose significantly to 6,225-6,250 RMB/ton. The continuous upward movement of the market increased the cost pressure on the downstream, and the on-site supply was still tight. It is expected that acetone will be strong in the short term.

Market outlook

Influenced by the sharp rise of acetone, MIBK market has maintained a rising mentality, and the market offer has risen significantly. Under the support of cost, MIBK operates at a high price in the short term.

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