SunSirs: Short Term Domestic BDO Market is Mainly Characterized by High Volatility
May 10 2023 09:55:16The latest price of BDO (5-8): 12414 RMB/ton, fluctuating in the future market.
Analysis point: On May 8th, the price increased by 2.60% compared to the previous trading day. The domestic BDO market continues to be strong, with production enterprises undergoing continuous and long maintenance of their devices. Online bidding prices are high, and the market atmosphere is soaring. Production enterprises and traders actively support the market, but the demand from downstream terminals is average, and their ability to accept high prices is limited. The market operates at a high level, but the trading volume is limited.
Future Market Forecast: Downstream contracts will be maintained to follow up, small orders will be purchased for immediate needs, and the domestic BDO market will mainly experience high volatility in the short term.
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