Chempricehub | July 9
Market Dynamics:
The BDO market in East China fluctuated within a range. Auction transactions concluded at high prices, and suppliers maintained a stable market sentiment. Downstream buyers fulfilled contractual orders, with sporadic small-lot spot transactions, leading to a stalemate in market activity. In South China, the BDO market also experienced range-bound fluctuations. Short-term supply of spot goods was average, and with industry losses, suppliers showed strong intentions to support prices. Downstream demand showed no significant improvement, weighing on raw material prices, and the market remained stable yet subdued.
Price Dynamics:
New Settlement and Listing Prices Announced by Select Producers:
| Company | June Settlement (scattered water delivery) | July Listing (scattered water delivery) |
|---|---|---|
| Xinjiang Lanshan Tunhe Chemical Co., Ltd. | East China: 7,890 RMB/ton; South China: 8,090 RMB/ton | East China: 7,900 RMB/ton; South China: 8,100 RMB/ton |
Comments
0