SunSirs: On October 9th, the Domestic BDO Market Continues to Decline
October 09 2023 10:06:55 SunSirs (John)
Market dynamics:
The BDO market in South China has shifted downwards. Supply side support has weakened, downstream mainly is digesting inventory after the holiday, demand performance is sluggish. The mentality of the holding manufacturer towards shipping has led to a downward trend in the market center The BDO market in East China is weak and declining. The supply side support has weakened, and downstream demand at the end has followed up weakly. On real orders, the sellers are giving up profit, with a weak market focus and a downward trend. It is said that there is a price lower than the low end.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in East China is 10,600-10,800 RMB/ton, the negotiated delivery price for bottled BDO is 12,200-12,400 RMB/ton, and the low-end price is reduced by 200 RMB/ton. The mainstream negotiation price for spot bulk BDO in South China is 10,700-10,900 RMB/ton, with a decrease of 100 RMB/ton; The negotiated delivery price for barrel packaging BDO is 12,100-12,500 RMB/ton, a decrease of 100-200 RMB/ton compared to yesterday.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-04-18 SunSirs: The Fluctuation of the Focus of the Domestic BDO Market on April 17th Was Limited
- 2024-03-06 SunSirs: On March 5th, the Domestic BDO Market Was on a Wait-and-see Basis
- 2024-02-20 SunSirs: On February 19th, the Domestic BDO Market Was Light and Weak
- 2024-01-25 SunSirs: On January 24th, the Domestic BDO Market Saw a Narrow Decline
- 2024-01-19 SunSirs: On January 18th, the Domestic BDO Market Had Average Trading Volume
