SunSirs: The Domestic BDO Market Fluctuated within a Certain Range on January 8th

Market dynamics:

On January 8th, the BDO market in southern China fluctuated within a certain range. The support on the supply and demand side was average, with industry players showing a wait-and-see attitude. Downstream followed up as its need, and the overall market volatility was waiting for guidance. On January 8th, the BDO market in East China remained on the sidelines. Online bidding was relatively high, and there was a wait-and-see attitude in the market. Downstream followed up on demand, of cargo holders were cautious and the market was stable overall.

Price dynamics:

On January 8th, the mainstream negotiated price for spot bulk BDO in South China was 8,500-8,600 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 8,300-8,400 RMB/ton, and the negotiated price for barrel BDO was 9,200-9,300 RMB/ton (delivered).

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