This week, the domestic MIBK market declined broadly, and the market offer fell below 20000 yuan. The market reference offer in East China was 19300-19600 yuan / ton. According to the monitoring data of business society, the market offer was 20800 yuan / ton on November 12, 19600 yuan / ton on November 18, and the market fell 1200 yuan / ton. There was little change in the start-up of enterprises during the week. The profit of antioxidant industry was large, and the demand remained stable. Other retail investors in the downstream had poor enthusiasm to enter the market, just needed to purchase, and the offer price was low.

From the raw material side, the domestic acetone market rose first and then fell this week, with little overall fluctuation space. According to the monitoring data of business agency, the acetone in East China was quoted at 5600 yuan / ton on November 12, 5700 yuan / ton on November 18, and the intermediate market rose to 5850 yuan / ton. On the whole, there was little change in the fundamentals this week. Up to now, the offer of domestic factories is 5800 yuan / ton, and the offers of major mainstream regions are as follows: 5700 yuan / ton in East China, 6000 yuan / ton in South China, and 5850 yuan / ton in Yanshan and Shandong. The short-term supply side has not changed much, the manufacturer’s inventory has increased, and the port is relatively stable. The business society expects the market to focus on the demand side.

The downstream rubber additives market is stable, the accelerator starts at a low level and the demand support is limited. Under the influence of policies, the downstream tire industry starts at a low level and the overall demand is weak.

From the perspective of business community, the market continues to decline and negative factors increase. At present, it is difficult to improve the downstream demand. It is expected that the short-term MIBK market will be weak and volatile.