SunSirs: On January 18th, the Domestic BDO Market Had Average Trading Volume
January 19 2024 09:44:44     SunSirs (John)Market dynamics:
The BDO market in East China fluctuated within a certain range. Entering the settlement cycle, businesses were mainly wait-and-see, and there was little news about actual spot trading. The supplier's intention to maintain prices, downstream demand follow-up, and overall market fluctuations were limited. The BDO market in South China was operating weakly. The overall changes in the supply and demand sides were not significant, and the overall market volatility was temporarily limited. As the settlement cycle approached, major players tended to remain stable, with average spot trading.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in East China was 9,300-9,400 RMB/ton, and the mainstream negotiated price for barrel BDO was 10,800-11,000 RMB/ton. The mainstream negotiated price for spot BDO in South China was 9,300-9,500 RMB/ton, and the mainstream negotiated price for barrel BDO was 10,800-11,200 RMB/ton.
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