SunSirs: The Domestic BDO Market Continued to Be Weaker on August 29th

https://www.chemnet.com   Aug 30,2024 SunSirs

Market dynamics:

The BDO market in southern China had fluctuated and declined. Partial device was on maintenance and supply side support slightly increased. However, downstream demand remained weak, supply and demand pressure still existed, industry players had a bearish mentality, and the market center was fluctuating at a low level. The BDO market in East China was experiencing weak fluctuations. On site inventory remained relatively high, downstream demand was generally following suit, industry players were bearish, and the market was running weakly.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in South China was 7,500-7,700 RMB/ton, with a reduction of 100 RMB/ton; The negotiated price for BDO in barrels was 9,100-9300 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 7,400-7,600 RMB/ton, with a reduction of 100 RMB/ton; The negotiated price for BDO in barrels was 9,000-9,200 RMB/ton (delivered)

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