SunSirs: On June 1st, the Domestic BDO Market Continued to be Weak
June 01 2023 10:34:09Market dynamics: The BDO market in East China continues to decline. Although the supplier continues to hold onto the price, they are cautious in purchasing goods due to downstream sentiment of avoiding losses. The BDO market in South China is weak and declining. Some devices release maintenance messages, etc., and the supplier continues to defend the price. The downstream market has a strong wait-and-see sentiment.
Price dynamics: In the mainstream negotiation of spot bulk water in the East China region, 10400-10600 RMB/ton, with a reduction of 100-400 RMB/ton; Barrel negotiation: 12000-12500 RMB/ton (accepted and delivered). The mainstream negotiation for spot bulk water in South China is 10500-10700 RMB/ton, with a high-end price reduction of 300 RMB/ton; Barrel negotiation: 12000-12500 RMB/ton (accepted and delivered).
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