SunSirs: The Domestic BDO Market Was Narrowly Consolidated on December 25th
December 26 2024 14:42:03 SunSirs (John)
Market dynamics:
The BDO market in East China has seen a narrow consolidation. The market fundamentals were average, and industry players were holding steady and observing. There was little news of contract order purchases and spot negotiations. The BDO market in southern China fluctuated within a certain range. There was no significant change in market fundamentals, with the main players showing a wait-and-see attitude, purchasing essential contracts, and a light atmosphere in spot negotiations, resulting in a stalemate in market focus.
Price dynamics:
On December 24th, 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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