SunSirs: The Domestic MIBK Market Is Organizing
July 28 2022 10:58:58 SunSirs (John)Price trend
On the 28th, the domestic MIBK market is organizing, and the trading on the market is flat.
Analysis review
At present, the operating rate of MIBK industry is 80%, and the supply is stable. On the raw material side, the focus of the acetone market negotiation is 4,750-4,850 RMB/ton. Near the end of the month, the contract is basically consumed, and there is no pressure on the holder to ship. The overall trading surface has improved compared with the beginning of the week, but most of them are small orders. The overall downstream demand is weak in follow-up, and the rigid demand is the main.
There is no pressure on corporate inventories for the time being, sales are mainly based on orders, and the circulation of intermediate trade is limited, and the holders of goods make stable offers, and the rigid downstream follow up.
Market outlook
In the short term, the MIBK market fluctuates, and the negotiation reference is 10,200-10,300 RMB/ton.
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