Price trend
On March 24, the benchmark price for 1,4-Butanediol (1,4-BDO), as reported by SunSirs, stood at 8,042.86 RMB/ton—an increase of 9.11% compared to the beginning of the month (7,371.43 RMB/ton).
On March 24, the mainstream negotiated price for spot bulk BDO in the East China region stood at 7,900–8,100 RMB/ton, an increase of 100 RMB/ton; the negotiated price for drummed BDO was 8,900–9,100 RMB/ton (acceptance payment, delivered), up by 100 RMB/ton. In the South China region, the mainstream negotiated price for spot bulk BDO was 8,100–8,300 RMB/ton, while the negotiated price for drummed BDO was 9,000–9,200 RMB/ton (acceptance payment, delivered).
Market Dynamics:
On March 24, the BDO market in East China exhibited a firm yet fluctuating trend. Entering a new trading cycle, sales policies remained largely stable for the time being. Supply availability was moderate; suppliers continued to actively support market prices, and downstream buyers followed through on their contractual commitments, driving the market's price center upward.
On March 24, the BDO market in South China trended upward amidst fluctuations. Supply remained tight, and suppliers demonstrated strong resolve in supporting market prices. Downstream players followed through on contract commitments, while spot market activity was dominated by small-lot purchases.
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