In April, the domestic MIBK market fell broadly. As of the end of the month, the market offer was 13000 yuan / ton, and the actual order had more room for profit. According to the monitoring data of business agency, the market mixed offer in East China was 13966 yuan / ton on April 1 and 13066 yuan / ton on April 30, down 6.44% during the month.

In early April, the 50000 T / a device of Li Changrong in Zhenjiang was restarted after the festival, the operating rate of the industry increased, and the expected supply increased in the future. However, the health events in East China continued to ferment, the logistics was limited, which had a great impact on terminal procurement, the logistics cost of small order procurement increased, the purchasing power of downstream consolidation was poor, the mentality of cargo holders was strong, and the quotation was loose.

In late April, it was close to the May Day holiday, but the terminal had little enthusiasm for goods preparation. Some enterprises started small single barrel replenishment after the festival, the logistics was still seriously blocked, the social inventory was accumulated high, the shipping pressure was still large, the price fell again, and the trading volume needed to be improved.

Trend chart of average acetone price in East China market

From the perspective of acetone market at the raw material end, there were mixed ups and downs in April, and the negotiation atmosphere in the venue was tepid. At the beginning of the month, the port inventory was high and the supply was sufficient. Enterprises lowered the listing price, increasing the wait-and-see atmosphere in the market. In the latter half of the year, the market rebounded in a narrow range with the preparation of goods before the festival. By the end of the month, the negotiated price of acetone in East China was 5550-5600 yuan / ton.

From the perspective of business society, the domestic health events after the festival will continue to affect the market. At present, the inventory pressure of enterprises is large, and the demand is difficult to improve significantly in the short term. It is expected to continue to decline after the festival. In the middle and late days, it depends on the national recovery and local logistics and transportation. With the continuous resumption of domestic terminal factories, it is expected to improve in the late days