SunSirs: The Domestic BDO Market Fluctuated within a Certain Range on October 29th

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

Market dynamics:

The BDO market in East China was operating to be stronger. Market guidance information was lacking, and businesses were entering the market to observe. The supply side support weakened, downstream had bargaining sentiment, supply-demand game was ongoing, and market volatility was limited. The BDO market in southern China was operating on a wait-and-see basis. The market news was light, supply side support was weakened, downstream actual demand was weak, and the supply-demand game continued. Spot small orders are trading on the high end, and the market fluctuates within a certain range.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 8,200-8,300 RMB/ton, with a low-end price increase of 100 RMB/ton; The negotiated price for BDO in barrels was 9,100-9,300 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in South China was 8,400-8,500 RMB/ton, with a low-end price increase of 100 RMB/ton; The negotiated price for BDO in barrels was 9300-9500 RMB/ton (delivered).

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