Market dynamics:
The BDO market in South China was operating on a wait-and-see basis. Recently, there hadbeen an increase in supply side maintenance, and suppliers were mainly willing to maintain prices. Downstream following up was general, suppressing raw material prices, and the market was weak and stable. The BDO market in East China was operating steadily. Although some devices were undergoing maintenance, changing agents, etc., the supplier intended to maintain the price. But downstream contracts followed up, spot purchases were cautious, and the market trading focus was weak and stable.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in South China was 9,300-9,400 RMB/ton, and the negotiated price for barrel BDO was 10,800-11,200 RMB/ton. The mainstream negotiated price for spot bulk BDO in East China was 9,250-9,350 RMB/ton, and the negotiated price for barrel BDO was 10,800-11,000 RMB/ton.
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