Prompt

1. Daily Summary

① The mainstream negotiated price for domestic MIBK today is 14,000 RMB/ton, up by 250 RMB/ton.

② The capacity utilization rate of domestic MIBK today stands at approximately 45%.

2. Spot Market Overview

Data Source: Chempricehub Information

Based on the East China region, the mainstream negotiated price for MIBK in East China today was 14,000 RMB/ton, an increase of 250 RMB/ton from the previous trading day. The East China MIBK market rose broadly today. The acetone market continued its upward trend, providing cost support. Holders maintained firm pricing strategies. While downstream demand remained limited and acceptance of high prices was low, finding low-priced offers proved difficult, resulting in limited transaction volume.

3. Production Dynamics

The daily capacity utilization rate for the MIBK industry was around 45%. The daily profit margin for the MIBK industry was -749 RMB/ton.

4. Price Forecast

The MIBK industry is expected to rise in the short term. The acetone market surged significantly, creating substantial cost pressure. Holders are maintaining firm prices with high quotations. However, demand follow-through remains moderate, and market activity is generally lackluster. In the short term, the market is likely to continue its upward trend. Future attention should be focused on the performance of raw material acetone and the pace of terminal procurement releases.

5. Related Products

Acetone: Based on Jiangsu province, the acetone price closed at 9,350 RMB/ton today, an increase of 200 RMB/ton from the previous trading day. The East China acetone market pushed prices higher overall. At the beginning of the week, price hikes led by major plants prompted holders to maintain firm prices, causing spot quotations to rise sharply. However, high prices suppressed downstream purchasing willingness, with limited entry into the market by end-users for restocking. Actual transactions lacked momentum, and overall trading was sluggish. In the afternoon, market focus came under pressure and declined, resulting in a pattern of opening high and closing lower.

6. Data Calendar

Table 4: Domestic MIBK Data Overview (Unit: 10,000 tons, RMB/ton)

Data Source: Chempricehub Information
Notes:

1. ↓ ↑ indicate significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicate minor fluctuations, highlighting data with changes within 0-3%.