Market Dynamics: 

On August 12, the BDO market in South China remained weak and volatile. Market fundamentals lacked support, leading to a cautious bearish outlook among traders. Small, just-in-time orders were placed and prices were negotiated, resulting in a weak and volatile market. The BDO market in East China also saw a weak decline. Market news was light at the start of the week, and traders maintained a cautious bearish outlook. Small, just-in-time orders were negotiated based on market conditions, leading to a range-bound decline.

Price Dynamics: 

On August 12, the mainstream negotiated price for bulk BDO in South China was 7,900-8,000 RMB/ton, and the negotiated price for barreled BDO was 8,900-9,000 RMB/ton (delivered by acceptance), with the high-end price reduced by 100 RMB/ton. In East China, the mainstream negotiated price for bulk BDO was 7,700-7,800 RMB/ton, and the negotiated price for barreled BDO was 8,700-8,800 RMB/ton (delivered by acceptance), with the high-end price reduced by 100 RMB/ton.

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