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SunSirs: On June 27th, the Domestic BDO Market Was Weak and Volatile

June 28 2024 14:58:25     SunSirs (John)

Market dynamics:

The BDO market in South China was weak and volatile. The operation of the device was relatively stable, and the supply side support was weak. Downstream maintained demand being rigid, supply and demand pressures remained, and market conditions remained weak.

The BDO market in East China was weak and volatile. The supply side support was weak, and the actual downstream demand follow-up was weak. Many businesses held a cautious wait-and-see attitude, and the market was weak and stable, paying attention to the progress of new production capacity.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 9,000-9,00 RMB/ton, and the negotiated price for barrel BDO was 10,200-10,400 RMB/ton (delivery). The mainstream negotiated price for spot bulk BDO in South China was 9,000-9,200 RMB/ton, and the negotiated price for barrel BDO was 10,300-10,500 RMB/ton (delivery).

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