SunSirs: On October 10th, the Market Price Center of the Domestic BDO Shifted Downwards
October 11 2023 09:49:55 SunSirs (John)
Market dynamics:
The BDO market in East China had shifted downwards. The supply side support was weak, downstream demand follow-up was weak, and the trading mentality of the industry was bearish, with sporadic small orders trading, and the overall market was on the low end. The BDO market in South China was volatile and weaker. There was currently no effective guidance from the factory, and the atmosphere of discussions on site was light. Downstream demand was sluggish and prices were being negotiated, and holding manufacturers were giving up profits to ship, causing the market's focus to shift downwards.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in East China was 10,500-10,700 RMB/ton, with a decrease of 100 RMB/ton; The negotiated price for barrel packaging was 12,200-124,00 RMB/ton. The mainstream negotiated price of spot bulk BDO in South China was 10,600-10,800 RMB/ton, with a decrease of 100 RMB/ton; The negotiated price for barrel packaging was 12,100-12,500 RMB/ton.
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
