I. Key Points
Core Logic: Weak downstream demand follow-through; holders are primarily maintaining a wait-and-see approach amidst market fluctuations.
II. Price Table
| Product | Region | Oct. 15 | Oct. 14 | Change Rate |
|---|---|---|---|---|
| Acetone | East China | 8,400 | 8,600 | -2.33% |
| MIBK | East China | 13,300 | 13,450 | -1.12% |
| Notes: 1. Acetone prices refer to National Standard Grade A products; MIBK prices refer to enterprise standard products. 2. All listed prices are spot cash ex-factory prices in RMB/ton. 3. The two periods represent point-in-time prices from the previous two working days, not weekly averages. 4. The change rate is calculated on a period-over-period basis. |
III. Market Outlook
Yesterday, the domestic MIBK market fluctuated sideways. The raw material acetone market declined amid volatility, weakening cost support. Holders faced psychological pressure, leading to lower asking prices and continued fluctuations. Downstream demand follow-through remained sluggish, with limited actual transactions and generally flat trading activity. It is expected that the domestic MIBK market will see limited volatility today. Attention should be paid to the raw material acetone market and actual transaction volumes.
IV. Data Calendar
| Data Item | Release Time | Previous Value | Current Trend Forecast | Remarks |
|---|---|---|---|---|
| Acetone Port Inventory | Friday 10:00 AM | 21,500 tons | ↘ | |
| MIBK Capacity Utilization Rate | Thursday 5:00 PM | 54.39% | ↗ | |
| 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range fluctuation, highlighting data with changes within 3%. 3. → indicates stability. |
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