SunSirs: The Focus of the Domestic BDO Market Remained Stable on December 4th
December 05 2024 09:51:14 SunSirs (John)
Market dynamics:
The BDO market in southern China fluctuated within a certain range on December 4th. Industry production increased, but supply side support had weakened. Downstream followed up on demand, and the mentality of holding goods was not good. Negotiations were conducted based on actual orders, and the market focus was stable. BDO market in East China region was narrowly consolidated. The supply side support was weak, downstream purchases were made according to demand, and there was a cautious bearish attitude in the market. The overall market was weak and stable, with low prices heard.
Price dynamics:
The mainstream negotiated price for spot bulk BDO in South China was 8,500-8,700 RMB/ton, and the negotiated price for barrel BDO was 9,400-9,600 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in East China was 8,300-8,500 RMB/ton, and the negotiated price for barrel BDO was 9,200-9,400 RMB/ton (delivered).
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