Market dynamics:
On April 23rd, the 1,4-Butanediol market in East China saw a narrow consolidation. Under industry losses, the main intention was for suppliers to support the market. The middle and downstream urgently needed to follow up, with weak ability to accept high prices, and the overall market was weak and stable.
On April 23rd, the 1,4-Butanediol market in southern China was operating on a wait-and-see basis. Suppliers continued to support the market and limited trading space. Downstream demand continued to follow up, with spot offers from holders probing upwards, but actual trading volume was light, and the market center was deadlocked and awaiting guidance.
Price dynamics:
On April 23rd, the mainstream negotiated price for spot bulk 1,4-Butanediol in East China was 7,900-8,000 RMB/ton, and the negotiated price for barrel 1,4-Butanediol was 8,900-9,000 RMB/ton (accepted and delivered). The mainstream negotiated price for spot bulk 1,4-Butanediol in South China was 8,200 RMB/ton, and the negotiated price for barrel 1,4-Butanediol was 9,100-9,200 RMB/ton (accepted and delivered)
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