Market dynamics 

On July 16th, the BDO market in East China fluctuated within a certain range. Recently, the supply of goods has increased, while downstream demand was weak. Industry players were entering the market to observe, and negotiations were intensifying. The market was temporarily stable. The BDO market in southern China consolidated narrowly. The market news was light, and the supply and demand pressure was increasing. Many businesses were entering the market to observe. Downstream followed up on demand, spot purchases were light, and the overall market was temporarily stable.

Price dynamics

On July 16th, the mainstream negotiated price for spot bulk BDO in East China was 8,550-8,650 RMB/ton, and the negotiated price for barrel BDO was 9,550-9,650 RMB/ton (accepted and delivered). The mainstream negotiated price for spot bulk BDO in South China was 8,750-8,850 RMB/ton, and the negotiated price for barrel BDO was 9,750-9,850 RMB/ton (accepted and delivered).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.