SunSirs: On June 12th, the Domestic BDO Market Was Weakly Operating

Market dynamics:

The BDO market in South China is operating weakly. The production of equipment has increased, and the supply side support is average. Downstream contract orders follow up, spot purchases are light, and the market focus is weak and stable. The BDO market in East China is weak and cautious. Some maintenance devices have been restarted, resulting in weakened support at the supply end. Downstream follow up as needed, and the market lacks favorable release. Many businesses are negotiating with the market, resulting in weak and stable market conditions.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China is 9,000-9,100 RMB/ton, and the negotiated price for bulk BDO in barrels is 10,200-10,400 RMB/ton (delivery). The mainstream negotiated price for spot bulk BDO in South China is 9,000-9,200 RMB/ton, and the negotiated price for barrel BDO is 10,300-10,500 RMB/ton (delivery).

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