This week, the domestic BDO market light consolidation, a small dip. According to the sample data monitored by the business community, as of March 26, the average price of domestic BDO producers was 31000 yuan / ton, up 4.64% month on month and 217.62% year on year. In terms of market price, the mainstream negotiation of bulk water supply in East China is 29000-30500 yuan / ton, and the mainstream negotiation of bulk water supply in South China is 29000-30800 yuan / ton.
This week, the domestic BDO market mainly fell, and the actual transaction was light. On the whole, the supply side is still positive, and the factory’s price keeping mentality continues. Most downstream factories maintain contract procurement or digest inventory, and the enthusiasm of spot procurement is not strong. In terms of shipping, traders are not enthusiastic about trading. They usually follow the market and negotiate with each other slightly.
In terms of the unit, Dongyuan 100000 ton unit was shut down from March 15 to 21 to replace the catalyst. Now it has been restarted with 60% load. Due to the shortage of raw materials, the load of Panjin Dalian is 60-70%. Xinye stopped to replace the catalyst on March 20 and raised it to full load on March 25. Shaanxi Ronghe is expected to produce products at the end of the month. Tianye plans to restart a 60000 ton plant in early April.
Part of the traders shipping mentality, narrow profit negotiation. BDO business analysts expect that the domestic BDO market is in a downturn in the short term.
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