Chemical News
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SunSirs: The Domestic BDO Market Price Range Shifted Upward on October 16th
https://www.chemnet.com Oct 17,2024 SunSirs
Market dynamics:
The BDO market range in East China has shifted upward. The market supply of goods was tight, with high online listing sales and high profit intention offers from holding manufacturers. However, downstream spot trading generally followed up, and there were obstacles to high price transactions. The BDO market in South China has fluctuated upwards. The low industry load and limited transportation in some areas have led to tight supply of goods in the market, and suppliers were actively supporting the market. The downstream pursuit of price increases and replenishment of positions was temporarily average, and the focus of small orders had shifted upward.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in East China was 7300-7,400 RMB/ton, and the negotiated price for barrel BDO was 8,400-8,600 RMB/ton (delivered), with an increase of 100 RMB/ton. The mainstream negotiated price for spot bulk BDO in South China was 7,500-7,600 RMB/ton, and the negotiated price for barrel BDO was 8,500-8,700 RMB/ton (delivered), with an increase of 100 RMB/ton.
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