SunSirs: Domestic BDO Market Was Narrowly Consolidated on November 13th
November 14 2024 11:19:37 SunSirs (John)
Market dynamics:
The BDO market in southern China was narrowly consolidated of. Supply side support was slightly weak, downstream contracts were following up, and spot small orders were being followed up and negotiated. The game between supply and demand led to a stalemate in the market center. The BDO market in East China fluctuated within a certain range. Market guidance information was lacking, and industry players were mainly observing and waiting. Followed up on downstream contract orders, sporadic small spot trading, market focus temporarily stable, and attention to the impact of unexpected equipment failures.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in East China was 8,400-8,600 RMB/ton, and the negotiated price for barrel BDO was 9,300-9,500 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in South China was 8,600-8,800 RMB/ton, and the negotiated price for barrel BDO was 9,500-9,700 RMB/ton (delivered).
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