Market Dynamics: The BDO market in South China is operating weakly. Plant operations are stable, with weak support from the supply side. Downstream demand remains sluggish, increasing supply-demand pressure. Market sentiment is bearish, with market focus fluctuating at low levels. The BDO market in East China is in a weak wait-and-see mode. Supply in the market is abundant, while downstream PBT plants are undergoing maintenance. Other downstream sectors are following up with rigid demand, widening the supply-demand gap. Market participants' procurement and sales sentiment is moderate, with market focus remaining weak and stable.

Price Dynamics: In East China, the mainstream spot bulk water price is negotiated at 7,300–7,500 RMB/ton, while barrel prices are negotiated at 8,300–8,500 RMB/ton (delivered with acceptance). In South China, the mainstream spot bulk water price is negotiated at 7,500–7,700 RMB/ton, while barrel prices are negotiated at 8,500–8,700 RMB/ton (delivered with acceptance). Some companies have announced new settlement prices and listed prices.