SunSirs--China Commodity Data Group

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SunSirs: On June 15, the domestic BDO market was weak

June 15 2022 10:35:55     

BDO market in East China fluctuates in a range. At present, the supplier's intention to defend the price continues, but the downstream demand of the terminal is weak, and the sentiment of entering the market to depress the price is strong. The offer in the spot market varies, and the actual order is slightly lower. 22200-22400 RMB/ton of spot bulk water in East China; Barrel Negotiation: RMB 24000-25000 / ton.

BDO market in South China is weak. At present, there is no effective support in the market. Many operators enter the market to wait and see, and the actual single trading is limited. The supplier has a strong market mentality, but the downstream follow-up is general and the price is depressed. Some cargo holders have a shipping mentality and negotiate with each other on a narrow margin. 22300-22500 RMB/ton of spot bulk water in South China; Barrel Negotiation: 24000-25000 RMB/ton (acceptance and delivery).

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