Core Logic: Declining costs prompted holders to offer discounts to facilitate sales.
| Product | Region | Nov 10 | Nov 9 | Change Rate |
|---|---|---|---|---|
| Acetone | East China | 8350 | 8575 | -2.62% |
| MIBK | East China | 12950 | 13100 | -1.15% |
| Notes: 1. Acetone prices refer to national standard premium grade; MIBK prices refer to enterprise standards. 2. All listed prices are cash-on-pickup prices, unit: RMB/ton. 3. The two-period prices represent point-in-time prices from the past two working days, not weekly averages. 4. The change rate is the period-over-period percentage change. |
Yesterday, the domestic MIBK market experienced a significant decline. Influenced by the sharp drop in international crude oil prices, both cost pressures and downstream demand weakened. Holders showed high willingness to sell, leading to lower offers; however, actual transactions remained limited, resulting in a downward trend in market prices. Today, the domestic MIBK market is expected to remain weak with fluctuating trends. Attention should be paid to the raw material acetone market and actual transaction volumes.
| Data Item | Release Date | Previous Value | Current Trend Forecast | Remarks |
|---|---|---|---|---|
| Acetone Port Inventory | Friday 10:00 AM | 17,500 tons | ↘ | |
| MIBK Capacity Utilization Rate | Thursday 5:00 PM | 53.86% | ↗ | |
| Notes: 1. ↓↑ indicates significant volatility (fluctuations exceeding 3%). 2. ↗↘ indicates narrow-range fluctuations (fluctuations within 3%). 3. → indicates stability. |
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