Market Dynamics: The BDO market in East China is experiencing weak fluctuations. Supply is ample, downstream demand has weakened, leading to increased supply-demand pressure. Holders' trading sentiment is moderate, with the market showing weak stability. In South China, the BDO market is in a weak wait-and-see mode. Current supply is sufficient, while downstream demand has softened, widening the supply-demand gap and negatively impacting market sentiment, resulting in range-bound fluctuations in the market.
Price Dynamics: In East China, spot bulk water mainstream negotiations are at 7,300–7,500 RMB/ton, while drum-packed negotiations are at 8,300–8,500 RMB/ton (delivered with acceptance). In South China, spot bulk water mainstream negotiations are at 7,500–7,700 RMB/ton, and drum-packed negotiations are at 8,500–8,700 RMB/ton (delivered with acceptance). Some companies have announced new settlement prices and listed prices.
Comments
0