SunSirs: The Domestic BDO Market Showed Stronger Performance on October 24th

Market dynamics:

The BDO market in South China was operating to be stronger. Supply side inventory supported, suppliers continued to support the market. Downstream companies paid more attention to sales policies, holding goods at low prices and reluctant to sell, while spot small orders were traded at high prices. The BDO market in East China was experiencing stronger fluctuations. There was a shortage of goods on site, and suppliers were mainly in demand. Downstream consumers were still concerned about sales policies, with a small number of spot orders being negotiated at high levels, and the market center shifting towards stronger fluctuations.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in South China was 8,100-8,300 RMB/ton, while the negotiated price for barrel BDO was 9,200-9,400 RMB/ton (delivered), with an increase of 100 RMB/ton. The mainstream negotiated price for spot bulk BDO in East China was 7,900-8,100 RMB/ton, while the negotiated price for barrel BDO was 9,000-9,200 RMB/ton (delivered), with an increase of 100 RMB/ton.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.