Price trend

According to the monitoring of SunSirs, the average price of domestic BDO of manufacturers on July 6 was about 19,400 RMB/ton, down 13.70% month-on-month and up 5.87% year-on-year.

Analysis review

In terms of market conditions, the mainstream spot in bulk water in East China is negotiated at 18,000-18,500 RMB/ton, and the barreled cargo is negotiated at 21,000-22,000 RMB/ton (delivery/acceptance). The mainstream of spot in bulk water in South China is negotiated at 18,200-18,500 RMB/ton, and the barreled goods are negotiated at 21,000-22,000 RMB/ton (acceptance/ delivery).

Although some devices are under maintenance recently, the overall market supply is relatively abundant, and the positive support is limited. The downstream industry maintains contract follow-up, and the sentiment of spot purchases is cautious and depress prices under the aversion mood.

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