In April, the domestic MIBK market saw a significant increase, and in the latter half of the year, the focus of negotiations remained at 15200-15600 yuan/ton. The market remained relatively stable after the holiday, with little market volatility.
After a significant increase in upstream acetone, there was a slight pullback after the holiday. The negotiated price in East China remained at 8150-8200 yuan/ton, with weakened cost support. Downstream terminal enterprises had average purchasing enthusiasm, and the post holiday wait-and-see sentiment was heavy. Overall, the market appeared slightly weak. Business Society predicts that although there is not much short-term supply pressure, terminal demand is limited, and market prices remain stable, the trading volume on the exchange is limited.
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