Market dynamics:

On March 7th, the BDO market in southern China fluctuated within a certain range. Downstream demand follow-up was sluggish, but there was support from the supply side. Both supply and demand sides were negotiating and gamed, and the overall market was weak and deadlocked. The BDO market in East China fluctuated within a certain range. The market news was light, with contract orders trading and spot negotiations being sluggish. The supply-demand game continued, and the market was weak and stable.

Price dynamics:

On March 7th, the mainstream negotiated price for spot bulk BDO in East China was 8,000-8,200 RMB/ton, and the negotiated price for barrel BDO was 9,000-9,200 RMB/ton (accepted and delivered). The mainstream negotiated price for spot bulk BDO in South China was 8,200-8,400 RMB/ton, while the negotiated price for bulk BDO was 9,200-9,400 RMB/ton (accepted and delivered).

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