In February, the domestic MIBK market rose in a narrow range. By the end of the month, the market reference offer in East China was around 13600-13800 yuan / ton. According to the monitoring data of business agency, the market mixed offer in East China was 13333 yuan / ton on February 1 and 13833 yuan / ton on February 28, an increase of 3.75% in the month. On February 7, the market offer was 12733 yuan / ton, with an overall amplitude of 8.64% in the month.

In terms of raw materials, the acetone market in East China rose first and then fell, and remained the same at the end of the month as at the beginning of the month. The domestic East China market offered 5600 yuan / ton on January 1, 5650 yuan / ton on February 28, 6050 yuan / ton on February 14, with an amplitude of 8.04% in the month. All major mainstream markets of acetone showed a trend of rising first and then falling. By the end of the month, the negotiation in East China was 5650 yuan / ton, that in Shandong and Yanshan surrounding areas was 5900 yuan / ton, and that in South China was 5850 yuan / ton.

During the month, Ningbo Zhenyang 15000 T / a MIBK plant was shut down, the overall operating rate of the industry decreased, the overall inventory pressure of the factory was not large, and the continuous downward market before the festival made the supply of goods in the hands of traders small, the spot circulation resources in the field were limited, the mentality of the holders was supported, and the quotation continued to rise.

The downstream rubber additives market is flat, but the market is up, but the transaction surface is not enough. The accelerator has recovered, and the antioxidant market has improved significantly. However, at present, the inventory of downstream tire enterprises is high, the operating rate of the industry has declined, and the demand side is dragged down.

From the perspective of business community, the market is still in a state of constant price support. The terminal will continue to warm up next month, especially the demand of antioxidant industry will increase. Although Ningbo Zhenyang device will restart next month, the supply side is still progressing, and the circulating spot resources are not sufficient. It is expected to show a state of price support at the beginning of next month.