SunSirs: On January 10th, the Domestic BDO Market Situation Was Running on a Wait-and-see Basis
January 11 2024 10:50:09 SunSirs (John)
Market dynamics: The BDO market in East China fluctuated within a certain range. Some factories had released maintenance news, but the market boost was limited. Downstream followed up according contract, spot negotiations were weak, and market focus was weak. The BDO market in South China was operating on a wait-and-see basis. The market news was light, with mainly contract delivery and little news about spot negotiations. The enthusiasm of traders in offering was not high.
Price dynamics: The mainstream negotiated price for spot bulk BDO in East China was 9,300-9,400 RMB/ton, and the negotiated price for barrel packaging BDO was 10,800-11,000 RMB/ton. The mainstream negotiated price for spot bulk BDO in South China was 9,300-9,500 RMB/ton, and the negotiated price for barrel packaging BDO was 10,800-11,200 RMB/ton.
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