Morning Market Briefing for MIBK

I. Key Focus Points

1. Yesterday, the MIBK market reference price was 13,600 RMB/ton, remaining stable.
2. Yesterday, the mainstream acetone feedstock price rose by 175 RMB/ton to 8,950 RMB/ton.

Core Logic: Rising costs and moderate demand have led holders to maintain a steady sentiment.

II. Price Table

Notes:

1. Acetone prices refer to National Standard Premium Grade; MIBK prices refer to Enterprise Standards.
2. All listed prices are spot cash ex-works prices in RMB/ton.
3. The two periods represent point-in-time prices from the past two working weeks, not weekly averages.
4. Change rate refers to the period-over-period percentage change.

III. Market Outlook

Yesterday, the domestic MIBK market fluctuated within a narrow range. The feedstock acetone market saw significant gains, providing cost support. However, downstream essential demand remained moderate, leading inventory holders to stabilize operations. Actual transaction volume in the market was limited. Today, the domestic MIBK market is expected to trade sideways, with attention focused on fluctuations in acetone prices and their impact.

IV. Data Calendar

Notes:

1. ↓↑ indicates significant volatility (highlighting data dimensions with changes exceeding 3%).
2. ↗↘ indicates minor fluctuations (highlighting data with changes within 3%).
3. → indicates stability.