SunSirs: On June 13th, the Domestic BDO Market Was Weak and Wait-and-see

https://www.chemnet.com   Jun 14,2024 SunSirs

Market dynamics:

The BDO market in South China was operating weakly. Recently, the supply of goods in the market has increased, while demand was in the off-season, and there was still bargaining sentiment towards raw materials. There was little news of trading market quotations, and the market's focus was weak and volatile. The BDO market in East China was weak and wait-and-see. The supply side support was average, downstream contract orders followed up, and spot trading was scarce. The enthusiasm of the holding company for offering was not high, and the market was weak and stable.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 9,000-9,100 RMB/ton, and the negotiated price for bulk BDO in barrels was 10,200-10,400 RMB/ton (delivery). The mainstream negotiated price for spot bulk BDO in South China was 9,000-9,200 RMB/ton, and the negotiated price for barrel BDO was 10,300-10,500 RMB/ton (delivery).

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