Price trend:

On December 17th, the benchmark price of BDO, according to SunSirs, was 7,357.14 yuan/ton, a decrease of 0.39% compared to the beginning of the month (7,385.71 yuan/ton).

In East China, the mainstream negotiated price for bulk BDO was 7,300-7,500 RMB/ton, while the negotiated price for barreled BDO was 8,300-8,500 RMB/ton (delivered with acceptance). In South China, the mainstream negotiated price for bulk BDO was 7,500-7,700 RMB/ton, and the negotiated price for barreled BDO was 8,500-8,700 RMB/ton (delivered with acceptance).

Market Dynamics:

The BDO market in East China was experiencing narrow fluctuations. There were no significant changes on the supply side, and market participants were adopting a wait-and-see approach, awaiting guidance from new monthly policies. Downstream contract orders were being followed up, but spot market transactions were sluggish. The BDO market in South China was also consolidating. Supply-side support had weakened slightly, but downstream demand remained steady, leading to continued supply-demand dynamics. Holders were maintaining stable offers, and the market remained relatively stable.

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