SunSirs: On June 25th, the Domestic BDO Market Was Light and Stable

https://www.chemnet.com   Jun 26,2024 SunSirs

Market dynamics:

The BDO market in South China was operating steadily. Market guidance information was lacking, and businesses were paying more attention to the progress of new production capacity. Downstream contract follow-up was maintained, spot trading was light, and market conditions were weak and stable. The BDO market in East China was operating on a wait-and-see basis. Business owners were paying more attention to the progress of Junzheng's new production capacity. The actual downstream demand was average, and sporadic spot orders were discussed in the market. The overall market situation 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 barrel BDO 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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