Market dynamics:

The BDO market in East China was operating to be stronger. There was a lack of market guidance information, and many industry players were holding steady and watching. But the on-site supply was generally average, with high quotes from holding manufacturers, mainly focused on contract orders, and a small amount of essential spot goods for small order negotiations. The BDO market in southern China was experiencing strong fluctuations. The market supply of goods was average, and the supply continues to support the market, with high spot offers. But downstream resistance had increased, and spot small orders were slightly trading at high levels, paying attention to changes in the supply side.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 8,300-8,500 RMB/ton, while the negotiated price for barrel BDO was 9,200-9,300 RMB/ton (delivered), with a low-end price increase of 100 RMB/ton. The mainstream negotiated price for spot bulk BDO in South China was 8,500-8,700 RMB/ton, while the negotiated price for barrel BDO was 9,400-9,600 RMB/ton (delivered), with a low-end price increase of 100 RMB/ton.

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