① The market fluctuated within a narrow range today, with moderate trading activity.
② The domestic methyl ethyl ketone (MEK) capacity utilization rate was 83% today.
Table 1: Domestic MEK Price Summary (Unit: RMB/ton)
| Product | Market | Oct 29 | Oct 30 | Change | % Change |
|---|---|---|---|---|---|
| MEK | Jiangsu | 8950 | 8950 | 0 | 0.00% |
| MEK | Guangdong | 9200 | 9175 | -25 | -0.27% |
| Key Upstream | |||||
| Post-ether C4 | Shandong | 7490 | 7550 | +60 | +0.8% |
| Data Source: Chempricehub Information |
Based on the East China region, the spot MEK price closed at 8,950 RMB/ton today, remaining stable compared to the previous trading day. Production plant quotes remained steady, while inventory holders traded according to market conditions. Negotiation centers showed little fluctuation. Downstream end-user factories maintained rigid demand procurement, with most actual transactions driven by essential needs. Trading sentiment was quiet. In South China, trading atmosphere was average; negotiation room for actual deals widened, and trends appeared stagnant.
The domestic MEK capacity utilization rate was 83% today. Regarding profitability, MEK plants recorded a loss of 750 RMB/ton.
Upstream raw material post-ether prices rose, strengthening cost-side support. Coupled with no immediate pressure on production and sales for manufacturers, offers are expected to remain firm. Inventory holders will continue to trade based on market conditions, though high-price transactions still require further follow-through. It is projected that the short-term MEK market will maintain a strong consolidation trend. Attention should be paid to the operational moves of production plants and changes in the upstream raw material market.
Post-ether C4: The mainstream market in Shandong saw upward movement, with overall trading sentiment being mild. Most manufacturers controlled shipments effectively. Downstream markets followed the upward trend without significant resistance to entering the market. Furthermore, competing products performed strongly. It is predicted that the post-ether market will see slight upward movement alongside stability tomorrow.
Table 4: Domestic MEK Data Overview (Unit: 10,000 tons)
| Data Item | Release Date | Previous Period | Current Trend Forecast |
|---|---|---|---|
| Capacity Utilization Rate | Thursday 17:00 PM | 83.32% | → |
| Data Source: Chempricehub Information Notes: 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates minor fluctuation, highlighting data dimensions with changes between 0-3%. |
Comments
0