Market dynamics:
The BDO market in East China fluctuated within a certain range. The news was chaotic, supply and demand negotiations were in a game, contract orders were being followed up, spot trading was scarce, and the market continued to be deadlocked. The BDO market in South China was running steadily. Recently, the game between supply and demand had intensified, with the trading of essential orders and an overall market stalemate.
Price dynamics:
On December 11th, the mainstream negotiated price for spot bulk BDO in South China was 8,500-8,700 RMB/ton, and the negotiated price for barrel BDO was 9,400-9,600 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 8,300-8,500 RMB/ton, and the negotiated price for barrel BDO was 9,200-9,400 RMB/ton (delivered).
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