SunSirs: On May 10th, the domestic BDO market was slightly stronger
May 11 2023 14:08:52 SunSirs (John)
Price dynamics:
The mainstream negotiation for spot bulk BDO in East China was 12,500-12,700 yuan/ton, with an increase of 100 yuan/ton. The negotiation price for barrel BDO was 12,500-13,500 yuan/ton. The mainstream negotiation for spot bulk BDO in South China was 12,500-12,700 yuan/ton, and the barrel negotiation was 12,500-13,500 yuan/ton.
Market dynamics:
The BDO market in East China was stronger. The supply side support was relatively strong, the market spot was tight, and suppliers were reluctant to sell and support the market. Rigid downstream followed up with small orders.
The BDO market in South China was operating upwards. Supply side support was relatively strong, and suppliers were actively supporting the market. Downstream followed up on demand, and the universality of high price trading was not high.
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