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SunSirs: On May 12, the Domestic BDO Market Atmosphere Was Deadlocked
May 13 2022 15:16:58SunSirs(John)

Price trend

According to the monitoring of SunSirs, the average BDO price of domestic BDO manufacturers on May 12 was about 23,300 RMB/ton, down 12.01% month-on-month and 6.43% year-on-year.

Analysis review

In terms of market conditions, the mainstream spot negotiation in East China was 22,800 RMB/ton; the mainstream spot in South China was 22,800-23,000 RMB/ton. There were differences in the trading mentality of the spot market, the mainstream offers were weak and stable, and some merchants make small profits-cutting to to promote sales, dragging the market focus to continue to drop.

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