MIBK Market Remains Stable (September 20, 2026)

1. Daily Summary

① Today's mainstream transaction price for domestic MIBK is 13,600 CNY/ton, remaining stable.

② The current capacity utilization rate for domestic MIBK is approximately 41%.

2. Spot Market Overview

Based on the East China region, today's mainstream transaction prices for MIBK were 13,500–13,700 CNY/ton in East China and 14,100–14,300 CNY/ton in South China, both stable compared to the previous trading day. Trading activity in the MIBK market remained calm today. Although the central gravity of acetone prices rose, weekend market transactions were limited. Holders maintained a stable sentiment with minimal fluctuations in offers. Downstream demand was primarily driven by rigid needs, and actual transactions were negotiated at stable levels.

3. Production Dynamics

The daily capacity utilization rate for the MIBK industry stood at around 41%. The daily profit margin for the MIBK industry was -395 CNY/ton.

4. Price Forecast

Short-term changes in the MIBK industry are expected to be limited. Volatility in the raw material acetone is unlikely to be significant, providing decent cost support. Market circulation of goods remains limited, and holders' offers remain firm. Attention should be paid to downstream inventory buildup. The short-term MIBK market is expected to fluctuate at high levels. Key focus areas include the acetone market conditions on the raw material side and the follow-up status of end-user purchasing.

5. Related Products Status

Acetone: Based on Jiangsu region benchmarks, today's acetone price closed at 8,775 CNY/ton, an increase of 75 CNY/ton from the previous trading day. The East China acetone market showed slight strength today. As end-use factories entered the market to replenish stocks, trading sentiment improved. Holders exhibited strong bullish sentiment, pushing offers higher. Petrochemical enterprises mostly maintained stable invoicing policies, with actual transactions occurring in small lots, leading to a slight expansion in trading volume.

6. Data Calendar

Table 4: Domestic MIBK Data Overview (Units: 10,000 tons, CNY/ton)