The domestic MIBK market rose slightly supported by cost

On the second day after the festival, the domestic MIBK market rose slightly. The overall negotiation range was 9550-9700 yuan/ton, which was 50-100 yuan/ton higher than the previous long-term stalemate.

 

Gamma Polyglutamic Acid

First of all, the cost support is strong. With the increase of acetone at the raw material end, the pressure from the cost side increases. The acetone negotiation in East China is 5150 yuan/ton, and that in South China is 5300 yuan/ton. In the afternoon, it was mainly affected by the typhoon, and the short futures of interval transportation were restricted. The price holding sentiment of the holders increased, and the offer rose, which was strongly supported by the cost.

 

At present, the operating rate of MIBK industry is around 80%, and the supply side is generally stable. It is estimated that there may be a shutdown maintenance plan in the later period, and the details are being followed up.

 

The business agency expects that the domestic MIBK market will be stable or increase, but the increase is limited by the demand side release. It is expected that the market in East China will negotiate 9600-9700 yuan/ton in the near future.

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