This week, the domestic MIBK market continued to be depressed. The market reference offer in East China was around 13500-13800 yuan / ton. According to the monitoring data of business society, the market offer in East China was 13500 yuan / ton and that in South China was 13000-13300 yuan / ton on December 22. The market continued to fall during the week, and the actual order can be discussed.

From the raw material side, the domestic acetone market was weak this week, with limited cost support. East China negotiated an offer of 5150-5200 yuan / ton. On December 15, the offer of East China market was 5275 yuan / ton, and on December 22, it was 5240 yuan / ton, which continued to run at a low level. In terms of the national market, as of the 22nd, the bottom rebound in East China was 50 yuan / ton, the negotiation was 5180-5200 yuan / ton, the offer in Shandong and Yanshan surrounding areas was 5200 yuan / ton, and the offer in South China was 5350 yuan / ton.

The downstream rubber additives market has declined, 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.

Device situation: there was little change in the start-up of enterprises in the week, and the antioxidant industry in the early stage was OK. However, after a round of market, the whole industry decreased significantly, the demand shrank, 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 perspective of business community, the MIBK market is difficult to be favorable in the short term, and the cost side is difficult to be supported. The overall demand decline in the downstream needs to be followed up. It is expected that the MIBK market will be weak and adjusted in the short term.