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Updated to Q3 2017
There was minimal impact on supply as few plants were scheduled for turnarounds during Q3. In September, Kumho P&B cut its run rate to 60-70% from 70%, due to tight supply from feedstock acetone following trouble at the latter plant. However, the regional supply was deemed sufficient.
Demand typically decreases in Q3, as the summer season in northeast Asia hampers MIBK production and the demand for downstream rubber tyre and marine painting and coating segments. However, towards the end of the quarter, prices were bolstered in tandem with feedstock acetone prices as the latter had a boom due to a higher demand for Asia-origin cargoes in the wake of Hurricane Harvey which caused the shutdown of several petrochemical plants along US Gulf.
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