In September, the MIBK market rose first and then stabilized, and the decline was obvious near the end of the month. As can be seen from the trend chart below, the offer of most traders has stabilized and maintained a strong state. However, by the end of September, the MIBK market negotiation in East China was 22000 yuan / ton, and the actual transaction in the market has been corrected. The specific trend is as follows:
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In the first ten days of September, the MIBK market mainly rose as a whole, continuing the sharp rise in August. The 15000 T / a MIBK unit of Wanhua chemical was shut down for maintenance from September 5 to 29. In terms of factories, most of them focused on the delivery of early orders, and there were few spot sales. Supported by tight supply and favorable factors, traders’ offer was strong. In the first ten days of September, the main market offer was 24000 yuan / ton.
Since mid September, the market has gradually stabilized, especially after the Mid Autumn Festival, the actual order negotiation in the market has entered the downward channel, but the offer of traders has remained firm. First, the operating rate of the industry has increased to 70%, and the tight supply situation has been alleviated; Second, under the influence of dual control, the operating rate of downstream industries has declined and the demand expectation has decreased. In addition, the market has been rising in the early stage, the acceptance of high-priced raw materials is limited, the market transaction is obviously insufficient, and the focus of the cargo holder is downward under pressure.
Situation of devices in the industry: the 15000 T / a MIBK device of Jilin Petrochemical was restarted on September 14, and 80% of it was started; The 15000 T / a MIBK unit of Wanhua chemical stopped from September 5 to 29 and is gradually restored.
From the perspective of business community, the MIBK market has entered a cooling off period. After a round of decline, the market has gradually stabilized. The goods holders report high and go low, the demand for downstream antioxidant is OK, and other downstream replenishment is general. In October, the low-level adjustment continues for a period of time after the festival. In late October, the 50000 T / a device maintenance of Li Changrong in Zhenjiang, the contract is reduced, and the market supply is reduced, If the domestic policy is eased at that time, the market may push up expectations.
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