SunSirs: The Domestic BDO Market Experienced a Narrow Decline on July 31st

https://www.chemnet.com   Aug 01,2024 SunSirs

Market dynamics:

The BDO market in East China was running weakly. Some factories had released maintenance or load reduction messages to support the supplier's price mentality. Downstream contract orders were being followed up, and sporadic spot orders were being discussed in the market, resulting in weak and volatile market conditions. The BDO market in southern China was running weakly. In the short term, there was support from the supply side, and the supply side intends to stabilize the market. But the demand side follow-up was weak, and the holding manufacturers had a poor trading mentality, negotiating prices at the mid to low end of the market for actual orders.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 8,700-8,900 RMB/ton, with a low-end price reduction of 100 RMB/ton; The negotiated price for BDO in barrels was 9,900-10,000 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in South China was 8,800-8,900 RMB/ton, with a high-end price reduction of 100 RMB/ton; BDO negotiated a price of 10,000-10,100 RMB/ton (delivered).

If you have any questions, please feel free to contact SunSirs with?support@SunSirs.com.

 Print  |    add to Favorites  |    Close