Bulletin Updates

MIBK market on a downward trend – 4 Sep 2024

Sep 04, 2024

The Methyl Isobutyl Ketone (MIBK) market in Mumbai has shown significant stability, according to Indian Petrochem analysts. After a steady trend starting on August 21, 2024, a critical stability phase was observed till August 27, 2024. However, on September 4, 2024, on the back of supply overhang, the price of the material was pushed down to Rs.166/kg. Although there were expectations of further price increases, the market has now stabilised, with prices adjusting from Rs.169/kg to Rs.166/kg

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