In November, MIBK market continued to decline. According to the monitoring data of business society, the market offer was 22025 yuan / ton on November 1 and 17833 yuan / ton on November 29, with an overall market decline of 19.03%. In terms of the market offer in East China, the market offer at the beginning of the month was 21500-22000 yuan / ton, the market offer at the end of the month was 17000-17500 yuan / ton, and the decline during the month was 4000-4500 yuan / ton. On the whole, the decline was large. As can be seen from the trend chart below, MIBK market was in a shock downward trend in November.
|Gamma Polyglutamic Acid|
In November, the operating rate of MIBK industry increased, with an operating rate of more than 80%. The operating rate of enterprises is high, and the market supply is relatively sufficient. In the downstream, antioxidant digestion inventory is the main thing, while other downstream markets are depressed. When the products fall sharply, the market inventory is not willing. It is just needed to enter the market. The shipment rhythm of cargo holders is obviously under pressure. Some traders sell actively and have to reduce the price for shipment, and the market continues to fall.
Upstream acetone products fell first and then stabilized in the month. The acetone market fell significantly in the first ten days and tended to be stable in the second ten days. Taking the market offer in East China as an example, the market offer in East China was 6400 yuan / ton at the beginning of the month and 5600-5650 yuan / ton at the end of the month, with the market falling by 12.11%. In the downstream market, the rubber additives market is weak and downward, the prices of the mainstream varieties of crude funds continue to fall, and the antioxidant is dragged down by the cost.
|Gamma Polyglutamic acid Cosmetic|
Devices in the industry: the 50000 T / a MIBK device of Li Changrong in Zhenjiang was shut down on October 18 for about one month, the monthly operating rate of 15000 T / a MIBK device of Wanhua chemical was adjusted from 50% to 90%, and the 15000 T / a MIBK device in Zhenyang, Ningbo was shut down.
From the perspective of business cooperatives, the current operating rate of the industry is more than 80%, the market supply is sufficient, the wait-and-see situation of downstream procurement is heavy, the demand is low, and the shipment rhythm of cargo holders is not smooth. The supply of low-cost goods affects the mentality of the operators. The business society expects that the MIBK market will be weak in December.