China’s domestic MIBK market is weak and down

This week, the domestic MIBK market is weak and downward, and the main focus of the mainstream market negotiation is small downward. The focus of market negotiation in East China has dropped to 10000 yuan / ton, and a few orders have fallen below 10000 yuan. The reference of market negotiation in South China is about 10100 yuan / ton.

 

PVA

From the perspective of cost, the acetone market continues to decline. Although the recent overhaul of the raw material end acetone plant has increased, and the social supply is expected to decrease, the sluggish terminal purchase has consumed the good supply side. The acetone negotiation in East China is 4600 yuan / T, and the short-term acetone still has a narrow downward trend.

 

The overall change of the downstream demand side is not large, and it has been in a state of insufficient buying for a long time. The large households have low intention to purchase inventory, and the small households just need small orders, so the carriers have to give up profits to ship. In addition, the market negotiation has been declining under the influence of the external environment.

 

Next week, the negative cost side is expected to increase again, and the raw material acetone is still expected to fall. Next week, the downstream digestion contract is still in the middle and first ten days of the month. The supply side of MIBK is normal, and the shipment pressure is still large. It is expected that the weak adjustment will be made next week, and the negotiation in East China will be about 9900-10000 yuan / ton.

http://www.pva-china.net