The domestic MIBK market operates in a range, showing a continuous downturn and limited overall changes. The reference value of the East China market is 11400-11600 yuan / ton.
| Polyglutamic acid |
The short-term MIBK market has limited changes. According to the monitoring data of the business community, the market offer in East China on June 28 was 11500 yuan / ton, which is negotiable, and the short-term market is dominated by weak operation.
The raw material end continued to decline, the cost support fell, acetone continued to fall, the market negotiation reached 5300-5450 yuan / ton, the raw material end factories reduced by 200 yuan / ton one after another, and the demand end still showed no signs of improvement. The mentality of the shippers was bad, the focus of trading and investment continued to decline, and it was difficult to mention terminal procurement.
Trend chart of average acetone price in East China market
The terminal demand is general, and the downstream orders are mainly for rigid demand. The short-term demand changes are limited. At present, it is difficult to make major changes in the cost. The carriers’ operating enthusiasm is general, and their mentality is mainly wait-and-see. Short term weak adjustment operation
The business community expects that the MIBK market will be weak next week, and the cost side is difficult to change in the short term. At present, the downstream is dominated by rigid demand, which is difficult to fluctuate greatly. The goods holders follow the market and have little enthusiasm for operation.
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