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SunSirs: The Domestic BDO Market Was Weak and Wait-and-see on September 11th

September 12 2024 10:00:18     SunSirs (John)

Market dynamics:

On September 11th, the BDO market in southern China remained weak and watched. The number of maintenance devices had increased, and there was some support from the supply side. The supplier's intention to maintain the price continued. Downstream followed up as needed, and negotiated in the market for spot small orders.  

The BDO market in East China was running weakly. Supply side support had increased again, and suppliers had a stable market mentality. Downstream demand orders followed up, the supply-demand game continued, and the market center was weak and stable.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in South China was 7,300-7,500 RMB/ton; The negotiated price for BDO in barrels was 8,600-8,800 RMB/ton (delivered), with a reduction of 100 RMB/ton. The mainstream negotiated price for spot bulk BDO in East China was 7,100-7,300 RMB/ton; The negotiated price for BDO in barrels was 8,300-8,500 RMB/ton (delivered), with a reduction of 100 RMB/ton.

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