SunSirs: On February 19th, the Domestic BDO Market Was Light and Weak

Market dynamics:

The BDO market in South China was operating weakly. Fujian Haiquan Parking and Hengli had not yet produced products, and transportation in the northwest region was slow, supporting suppliers to maintain prices. However, downstream industries were operating at a low level, and the atmosphere for replenishing positions was average. The market focus was temporarily stable. The BDO market in East China was operating weakly and steadily. Part of the equipment had been shut down, and new production capacity had not yet produced products. Coupled with the delayed transportation caused by weather in the northwest region, the supplier had a price conscious attitude. The downstream load had not yet recovered after the holiday, and the main focus was on digesting inventory, resulting in a weak and stagnant market situation.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in South China was 9,300-9,400 RMB/ton, and the negotiated price for barrel BDO was 10,800-11,200 RMB/ton. The mainstream negotiated price for spot bulk BDO in East China was 9,250-9,350 RMB/ton, and the negotiated price for barrel BDO was 10,800-11,000 RMB/ton.

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