SunSirs--China Commodity Data Group

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SunSirs: On December 7, the Domestic BDO Market Was Weak

December 08 2022 11:21:27     SunSirs (John)

Price trend

On December 7, the mainstream negotiated price of spot bulk BDO in South China was 9,100-9,400 RMB/ton, and the negotiated price of barreled BDO was 10,500-11,500 RMB/ton (delivered by acceptance). The mainstream negotiated price of spot bulk BDO in East China was 9,000-9,300 RMB/ton, and the negotiated price of barreled BDO was 10,500-11,500 RMB/ton (delivered by acceptance)

Analysis review

The BDO market in South China was operating weakly and stably. The market lacked effective guidance, and the industry continued to wait and see. The overall trading atmosphere was light. The market center was in a dilemma of rising and falling due to the negotiation and game between supply and demand.

The BDO market in East China was weak. Under the pressure of loss, the factory continued to stabilize the market, the downstream maintained contract procurement, the market trading atmosphere was light, and the overall market was weak.

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