SunSirs: The Domestic BDO Market Remained on the Sidelines on December 5th
December 06 2024 10:53:15 SunSirs (John)
Market dynamics:
The BDO market in East China fluctuated within a certain range. The industry's production has increased, but the supply side support was average. Downstream terminals followed up as needed, negotiations continued, and the market center was temporarily stable. The BDO market in southern China was operating on a wait-and-see basis. As of December 5th, the market news was chaotic, and the supply-demand game continued. Holders were negotiating on the market.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in South China was 8,500-8,700 RMB/ton, and the negotiated price for barrel BDO was 9,400-9,600 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 8,300-8,500 RMB/ton, and the negotiated price for barrel BDO was 9,200-9,400 RMB/ton (delivered).
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