SunSirs: On October 10th, the Market Price Center of the Domestic BDO Shifted Downwards

Market dynamics:

The BDO market in East China had shifted downwards. The supply side support was weak, downstream demand follow-up was weak, and the trading mentality of the industry was bearish, with sporadic small orders trading, and the overall market was on the low end. The BDO market in South China was volatile and weaker. There was currently no effective guidance from the factory, and the atmosphere of discussions on site was light. Downstream demand was sluggish and prices were being negotiated, and holding manufacturers were giving up profits to ship, causing the market's focus to shift downwards.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 10,500-10,700 RMB/ton, with a decrease of 100 RMB/ton; The negotiated price for barrel packaging was 12,200-124,00 RMB/ton. The mainstream negotiated price of spot bulk BDO in South China was 10,600-10,800 RMB/ton, with a decrease of 100 RMB/ton; The negotiated price for barrel packaging was 12,100-12,500 RMB/ton.

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