Market dynamics:
On February 8th, the BDO market in East China remained stagnant. There was no significant change in the supply and demand side, and businesses were entering the market to observe. Downstream followed up with contract, spot negotiations were light, market focus was weak and stable. The BDO market in southern China was operating on a wait-and-see basis. Market guidance information was limited, and industry players were mainly adopting a wait-and-see attitude. Downstream procurement was based on contract, spot negotiations were rare, and the market was stable. Pay attention to changes in supply and demand.
Price dynamics:
On February 18th, the mainstream negotiated price for spot bulk BDO in South China was 8,400-8,500 RMB/ton, and the negotiated price for barrel BDO was 9,400-9,500 RMB/ton (accepted and delivered). The mainstream negotiation price for spot bulk BDO in East China was 8,200-8300 RMB/ton, and the negotiation price for barrel BDO was 9,200-9,300 RMB/ton (accepted and delivered).
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