This week, the domestic MIBK market fell broadly. The market reference offer in East China fell sharply at 17300-17500 yuan / ton. According to the monitoring data of business society, the market offer was 19500 yuan / ton on November 19 and 17300-17500 yuan / ton on November 26, with a decline of 2000 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 was steadily recommended this week, and there was little room for overall fluctuation. According to the monitoring data of business agency, the acetone market in East China continued to offer at 5650-5700 yuan / ton, and there was little change in fundamentals this week as a whole. Up to now, the offer of domestic factories is 5700 yuan / ton, and the offers of major mainstream regions are as follows: 5700 yuan / ton in East China, 5750 yuan / ton in South China, and 5750 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 has declined, 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 MIBK market continues to decline. At present, the market supply is sufficient. Under the bad factors of buying up but not buying down, it is difficult to improve the downstream demand. It is expected that the MIBK market will be weak and volatile in the short term.