SunSirs: Not Warm or Hot, Domestic MIBK Market Remained Stable
October 11 2023 14:00:17 SunSirs (John)
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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