SunSirs: The Focus of the Domestic BDO Market Remained Deadlocked on January 2nd
January 03 2025 15:31:23 SunSirs (John)
Market dynamics:
On January 2nd, the BDO market in East China remained on the sidelines. There was a lack of market guidance information, overall negotiation atmosphere was light, contract orders were traded, spot negotiations were rare, and the market focus was deadlocked. The BDO market in southern China was operating on a wait-and-see basis. The guidance on factory news was limited, and the wait-and-see attitude of industry players continued. The market negotiation atmosphere was light, and the market focus was stable and awaiting guidance.
Price dynamics:
On January 2nd, 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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