Market dynamics:

The BDO market in East China fluctuated within a certain range. The supply side support was still acceptable, and the supplier had the intention to maintain the price. The downstream demand was mainly following up, the supply and demand game continued, and the market was stable. The BDO market in southern China was operating on a wait-and-see basis. Partial devices were on maintenance, supporting the supplier to support the market. Downstream maintained essential procurement, resisted high prices, and maintained a stable market focus.

Price dynamics:

On December 17th, 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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