Market dynamics:

On September 2nd, the BDO market in South China was running weakly. Recently, there had been an increase in supply side support, while downstream demand continued to follow up and negotiated. The BDO market in East China was running weakly. Recently, there had been an increase in equipment maintenance and supply side support. But downstream demand remained weak, and the overall market was running weakly.

Price dynamics:                     

The mainstream negotiated price for spot bulk BDO in South China was 7,400-7,600 RMB/ton, and the negotiated price for barrel BDO was 9,000-9,200 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 7,200-7,400 RMB/ton, with a reduction of 100 RMB/ton; The negotiated price for BDO in barrels was 8,900-9,100 RMB/ton (delivered).

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