Market dynamics:
On July 17th, the BDO market in East China was running weakly. The favorable support from the supply side had weakened, downstream actual demand was weak, contract orders were trading, and the market was running weakly and steadily. The BDO market in South China was running steadily. Part of the maintenance equipment had restarted, and the favorable situation on the supply side had weakened. Downstream maintained following up on demand, and the market was running weakly.
Price dynamics:
On July 17th, the mainstream negotiated price for spot bulk BDO in East China was 9,000-9,100 RMB/ton, and the mainstream negotiated price for barrel BDO was 10,200-10,400 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in South China was 9,000-9,200 RMB/ton, and the mainstream negotiated price for barrel BDO was 10,300-10,500 RMB/ton (delivered).
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