SunSirs: The Domestic BDO Market Was Wait-and-see on September 12th

https://www.chemnet.com   Sep 13,2024 SunSirs

Market dynamics:

On September 12th, the BDO market in southern China was weak. The industry's capacity utilization rate was low, and suppliers had a stable market mentality. Following the pace of downstream demand, small spot orders were discussed in the market, and the market center was weak.  

The BDO market was operating on a wait-and-see basis. The wait-and-see sentiment was strong, downstream companies followed up as needed, suppliers negotiate with the market, and the market was weak and volatile.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in South China was 7,300-7,500 RMB/ton, and the negotiated price for barrel BDO was 8,600-8,800 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 7,100-7,300 RMB/ton, and the negotiated price for barrel BDO was 8,300-8,500 RMB/ton (delivered).

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