Market dynamics:
On September 25th, the BDO market in East China remained on the sidelines. The market news was light, and industry players were holding steady and watching. Downstream followed up as needed, with limited market volatility. The BDO market in southern China fluctuated within a certain range. The supply side support was still acceptable, and the supplier was mainly price conscious. Downstream inventory was being digested, urgent orders were being followed up, and the market focus was deadlocked, waiting for policy clarification in October.
Price dynamics:
On September 25th, the mainstream negotiated price for spot bulk BDO in South China was 7,300-7,500 RMB/ton, and the negotiated price for barrel BDO was 8,600-8,800 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 7,100-7,300 RMB/ton, and the negotiated price for barrel BDO was 8,300-8,500 RMB/ton (delivered).
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