SunSirs: On July 25th, the Price range of the Domestic BDO Market Shifted Downwards

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

Market dynamics:

The BDO market range in East China has shifted downwards. The actual demand downstream of the terminal was generally average, and there were advantages in the new capacity sales policy. Industry players had a bearish sentiment, and the market center was operating on the lower end. The BDO Market in South China was exploring downward. The actual demand downstream of the terminal was weak, the contradiction between supply and demand was intensifying, the mentality of industry players was bearish, and the market center was weak and fluctuating.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 8,800-9,000 RMB/ton, with a low-end price reduction of 100 RMB/ton; The negotiated price for BDO in barrels was 9,900-10,100 RMB/ton (delivered), with a reduction of 100 RMB/ton. The mainstream negotiated price for spot bulk BDO in South China was 8,900-9,000 RMB/ton, with a high-end price reduction of 100 RMB/ton; The negotiated price for BDO in barrels was 10,000-10,200 RMB/ton (delivered), with a reduction of 100 RMB/ton.

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