Market dynamics:
On May 7th, the 1,4-butanediol market in southern China fluctuated within a certain range. There was no significant change in market fundamentals, and businesses were entering the market to observe and absorb inventory or make up for sporadic small orders. Holders were reporting market prices, and the overall market outlook was weak and stable, awaiting guidance. The 1,4-butanediol market in East China was operating on a wait-and-see basis. The industry was still operating at a low negative level, and the supply side's stable market mentality continues. Downstream maintained the follow-up of essential small orders, with stable offers from holders and negotiations based on actual orders. The focus is on a stalemate operation.
Price dynamics:
The mainstream negotiated price for spot bulk 1,4-butanediol in East China was 7,900-8,000 RMB/ton, while the negotiated price for bulk 1,4-butanediol was 8,900-9,000 RMB/ton (accepted and delivered). The mainstream negotiated price for spot bulk 1,4-butanediol in South China was 8,200 RMB/ton, and the negotiated price for barrel 1,4-butanediol was 9,100-9,200 RMB/ton (accepted and delivered)
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