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SunSirs: On July 3rd, the Focus of the Domestic MIBK Market Was Downward

July 04 2023 09:23:42     SunSirs (John)

Price trend

On July 3rd, the market center of MIBK fell, and according to the market analysis system of SunSirs, the price of MIBK in the East China market on July 3rd was between 12,000-12,300 RMB/ton.

Analysis review

Downstream procurement was poor, buying was limited, and there was insufficient support from holders. Quotations decreased, and the focus of negotiations had declined. The MIBK industry had a operating rate of 45%.

The order of raw material acetone fell, and the negotiation in East China fell to 5,200 RMB/ton. The cost support was insufficient.

Market outlook

It is expected that the MIBK market will continue to operate weakly on the 4th.

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