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SunSirs: On June 23, the Domestic BDO Market Fluctuated Weakly

June 23 2022 13:42:57     SunSirs (John)

Price trend

According to the monitoring of the business agency, the average price of domestic BDO of manufacturers on June 23 was about 22,020 RMB/ton, down 2.05% month-on-month and up 21.99% year-on-year.

Analysis review

In terms of market conditions, the mainstream spot bulk water in East China is negotiated at 21,300-21,500 RMB/ton; the barrels are negotiated at 23,500 RMB/ton (delivery by acceptance); the mainstream spot bulk water in South China is 21,400-21,600 RMB/ton; the barrels are negotiated at 23,500 RMB/ton (delivery by acceptance).

The follow-up of real orders in the domestic BDO market is light, and the focus of trading continues to drop. At present, the supply-side news is light, and the downstream demand side continues to be sluggish, there is a strong wait-and-see mood in the market, and there are few real orders.

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