This week, the domestic MIBK market declined in a narrow range. The reference offer was 20800-21000 yuan / ton. According to the monitoring data of business society, the market offer was 21925 yuan / ton on November 8 and 21000 yuan / ton on November 15, with a market decline of 4.22%. There was little change in the start-up of enterprises during the week. The profit of antioxidant industry was large, and the demand remained stable. Other retail investors in the downstream had poor enthusiasm to enter the market, just needed to purchase, and the offer price was low.

From the raw material side, the domestic acetone market fell significantly this week. According to the monitoring data of business agency, acetone in East China was quoted at 6050 yuan / ton on November 5, 5600 yuan / ton on November 12, and 5500 yuan / ton on November 11, down 7.44% during the week. Up to now, the offer of domestic factories is 5800 yuan / ton, and the offers of major mainstream regions are as follows: East China rebounded about 100 yuan / ton on Friday, 5600 yuan / ton, 6000 yuan / ton in South China, 5550-5650 yuan / ton in Yanshan and Shandong. The short-term supply side has not changed much, the manufacturer’s inventory has increased, and the port is relatively stable. The business society expects the market to focus on the demand side.

The downstream rubber additives market is stable, the accelerator starts at a low level and the demand support is limited. Under the influence of policies, the downstream tire industry starts at a low level and the overall demand is weak.

From the perspective of the business community, with the restart of Li Changrong’s device, the market supply is expected to increase and the demand follow-up is limited. The business community expects the weak consolidation of the short-term market range.