Market Update: BDO prices in South China edged higher. Supply tightened, cost pressure increased, and producers continued to support the market. Midstream and downstream buyers procured under contract, while holders offered at the higher end of the range. Spot demand for small lots remained firm, pushing the overall price range upward. In East China, BDO prices continued their upward trend. Supply-side support persisted, with producers maintaining a firm stance. Midstream and downstream buyers followed up on contracts, with sporadic small-lot demand concluding at slightly elevated levels, leading to narrow fluctuations in the market.
Price Movement: In South China, spot bulk water mainstream discussions were at 7,700–7,850 RMB/ton, up 100/50 RMB/ton month-on-month; drummed discussions were at 8,650–8,850 RMB/ton (delivered on acceptance), up 50 RMB/ton month-on-month. In East China, spot bulk water mainstream discussions were at 7,500–7,650 RMB/ton, up 100/50 RMB/ton month-on-month; drummed discussions were at 8,400–8,600 RMB/ton (delivered on acceptance), up 50 RMB/ton month-on-month. Some companies announced new settlement and listed prices: Company's February settlement (bulk water delivered)