SunSirs: The domestic BDO market continued to be stronger on October 31st
November 01 2024 15:21:53 SunSirs (John)
Market dynamics:
The BDO market in South China was operating to be stronger. There was no significant change in supply and demand, and business operators were adopting a wait-and-see attitude. The game between supply and demand had intensified, with spot small orders trading at high levels and market fluctuations within a certain range. The BDO market in East China was operating to be stronger.. The market news was light, with a mainly wait-and-see sentiment within the market. The supplier continued to support the market, while the downstream actual order follow-up was average, and the market fluctuated within a certain range.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in South China was 8,400-8,700 RMB/ton, while the negotiated price for barrel BDO was 9,300-9,600 RMB/ton (delivered). The high-end price had been raised by 100 RMB/ton. The mainstream negotiated price for spot bulk BDO in East China was 8,200-8,500 RMB/ton, while the negotiated price for barrel BDO was 9,100-9,300 RMB/ton (delivered). The high-end price had been raised by 100 RMB/ton.
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