1. Key Focus Points
Core Logic: Declining costs led holders to offer discounts to facilitate shipments.
2. Price Table
| Product | Region | Nov 6 | Oct 30 | Change Rate |
|---|---|---|---|---|
| Acetone | East China | 8,850 | 9,150 | -3.28% |
| MIBK | East China | 13,300 | 13,750 | -3.27% |
| Notes: 1. Acetone prices refer to National Standard (GB) Premium Grade; MIBK prices refer to Enterprise Standards. 2. All listed prices are spot cash ex-works prices in RMB/ton. 3. The two price points represent snapshots from the previous two working weeks, not weekly averages. 4. Change rate refers to period-over-period fluctuation. |
3. Market Outlook
Last week, the domestic MIBK market center declined. Initially, rising costs supported strong pricing by holders; however, as international crude oil markets fell sharply later in the week, the feedstock acetone market dropped significantly. Market sentiment shifted bearish, leading to discounting strategies, while actual transaction volume remained insufficient. It is expected that the domestic MIBK market will open with a wait-and-see attitude today, with attention focused on the feedstock acetone market and actual transaction details.
4. Data Calendar
| Data Item | Release Time | Previous Period | Current Trend Forecast | Remarks |
|---|---|---|---|---|
| Acetone Port Inventory | Friday 10:00 AM | 24,000 tons | ↘ | |
| MIBK Capacity Utilization Rate | Thursday 5:00 PM | 54.39% | ↗ | |
| 1. ↓↑ indicates significant volatility, highlighting data changes exceeding 3%. 2. ↗↘ indicates narrow-range fluctuations, highlighting data changes within 3%. 3. → indicates stability. |
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