Market dynamics:

The BDO market in East China was operating weakly and steadily. After the holiday, some equipments were parked or replaced, and there was storage support on the supply side. However, the actual downstream demand was generally following up, and there were few reports of new trading orders. The market was weak and stable, awaiting guidance. The BDO market in southern China fluctuated within a certain range. After the holiday, there was support from the supply side, and the stable market mentality of suppliers continued. Downstream inventory was being digested, new orders were temporarily not being followed up, and the market center was fluctuating within a certain range.

Price dynamics:

On February 6th, the mainstream negotiated price for spot bulk BDO in South China was 8,400-8,500 RMB/ton, and the negotiated price for barrel BDO was 9,400-9,500 RMB/ton (delivered). The mainstream negotiation price for spot bulk BDO in East China was 8,200-8,300 RMB/ton, and the negotiation price for bulk BDO was 9,200-9,300 RMB/ton (delivered).

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