May 18 News – On May 18, Xinjiang Meike Chemical's Phase III 100,000-ton/year unit remains shut down, while Phase I (60,000 tons/year), Phase II (100,000 tons/year), and Phase IV (100,000 tons/year) BDO units are operating normally. The Phase V 100,000-ton/year unit is undergoing catalyst replacement. Chempricehub assesses 1,4-butanediol (BDO) with a Bull-Bear Score of 1. Xinjiang Meike Chemical is a core domestic producer of 1,4-butanediol, with a total capacity of 460,000 tons/year. Currently, the Phase III 100,000-ton/year unit is idle, and the Phase V 100,000-ton/year unit is in catalyst change, resulting in a temporary suspension of 200,000 tons/year of capacity. Only 260,000 tons/year of capacity remains in normal operation. The supply-side contraction provides positive support for spot prices of 1,4-butanediol.