SunSirs: The Fluctuation of the Focus of the Domestic BDO Market on April 17th Was Limited
April 18 2024 10:21:32 SunSirs (John)
Market dynamics:
The BDO market in East China was operating weakly and steadily. In the recent times, there had been some support on the supply side, with suppliers focusing on price control. Followed up on downstream demand orders and entered the market to negotiate prices. Many holding companies offered as the market, and the market's focus was weak and stable. The BDO market in South China was operating weakly. Approaching the settlement cycle, there was a cautious wait-and-see sentiment within the market. Downstream contract orders were traded, spot negotiations were light, and market focus fluctuations were limited.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in East China was 9,000-9,100 RMB/ton, and the negotiated price for BDO in barrels was 10,200-10,400 RMB/ton. The mainstream negotiated price for spot bulk BDO in South China was 9,000-9,200 RMB/ton, and the negotiated price for BDO in barrels was 10,300-10,500 RMB/ton.
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- 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
- 2024-01-11 SunSirs: On January 10th, the Domestic BDO Market Situation Was Running on a Wait-and-see Basis
