Price Trend:

On June 10, the benchmark price of 1,4-butanediol reported by SunSirs was 7,983.33 RMB/ton, a decrease of 2.24% compared to the beginning of the month (8,166.67 RMB/ton).

In East China, prevailing negotiated prices for bulk BDO are 7,700–7,900 RMB/tonne, while prices for drummed BDO are 8,700–8,900 RMB/tonne (delivered, acceptance bill terms); the low end of the price range has dropped by 50 RMB/tonne compared to the previous period. In South China, prevailing negotiated prices for bulk BDO are 7,800–8,000 RMB/tonne, and prices for drummed BDO are 8,800–9,000 RMB/tonne (delivered, acceptance bill terms); the low end of the price range has dropped by 50 RMB/tonne compared to the previous period.

Market Trends:

The BDO market in South China is fluctuating weakly. With limited fundamental support and a bearish sentiment among market participants regarding both purchasing and sales, the overall market is experiencing weak, fluctuating trends.

The BDO market in East China is trending downward amidst sluggish conditions. Short-term support from supply and demand dynamics is weak, and market participants maintain a cautious, bearish outlook. Holders are keen to move inventory and are willing to offer price concessions for actual transactions, resulting in a sluggish market performance.

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