Product name: MIBK

Spot price: 17600 yuan/ton.

Market analysis: After the holiday, the MIBK market remained stable and the reference price discussed in the East China market was between 17500-17600 yuan/ton. The release of market procurement demand after the holiday is limited, and the atmosphere for inquiries is insufficient. The raw material acetone continues to decline after the holiday, and the cost side is also difficult to support. However, the supply of goods in the MIBK market is limited, and the traders have a decent mentality, with little intention to sell. On the other hand, the factory mainly delivers orders, with few new orders.

Aftermarket: Short term MIBK market range adjustment, stable market progress.