The MIBK market fluctuated downward in October. According to the monitoring data of business society, the market offer was 23275 yuan / ton on October 1 and 22025 yuan / ton on October 31, with an overall market decline of 5.37%. As can be seen from the trend chart below, the offer tends to be stable, and the MIBK market in East China is negotiated at 22000-22500 yuan / ton.

In the first ten days of October, the MIBK market rose above, the raw material end rose rapidly after the National Day holiday, and the operating rate of MIBK is expected to decline after the holiday. Among them, the 15000 T / a unit of Wanhua chemical decreased to 50% operation, and the 50000 T / A units of Ningbo Zhenyang and Zhenjiang Li Changrong plan to stop for maintenance for one month on the 18th. The news of reducing the negative parking of devices in the yard continued to spread, the downstream inquired one after another, and the offers of cargo holders increased, The low level is not out, and the support from the raw material side is strong, and the market intention is higher.

Since mid September, the 15000 T / a unit of Wanhua chemical has returned to 90% operation, and since the 13th, the whole industrial chain at the raw material end has turned around and experienced a significant downward trend. In the downstream, except for the consumption and balance of antioxidant, the market demand for other downstream solvents and coatings is general, and the purchase volume is expected to decrease. Therefore, the good times are not long, the increase is small, but it quickly enters the downward channel, By the end of the month, the negotiation in East China had reached about 22000 yuan / ton.

Devices in the industry: the 50000 T / a MIBK device of Li Changrong in Zhenjiang was shut down on October 18 for about one month, the monthly operating rate of 15000 T / a MIBK device of Wanhua chemical was adjusted from 50% to 90%, and the 15000 T / a MIBK device in Zhenyang, Ningbo was shut down.

From the perspective of the business community, the MIBK market has entered a cooling off period. After a round of decline, the market has gradually stabilized. The high price of the carrier has been reported and the low price has been reported. The demand for antioxidant in the downstream is OK, and other downstream replenishment is general. The 50000 T / a device maintenance of Li Changrong in Zhenjiang in late October is expected to start in mid November. In November, the supply is expected to increase, and the supply pressure of the carrier is only increasing, Business community expects MIBK market to be weak in November.