According to the Commodity Market Analysis System of Shengyi Society, from May 19th to 23rd, the average price of BDO in China increased from 7950 yuan/ton to 8078 yuan/ton, with a price increase of 1.62% during the period, a month on month increase of 1.87%, and a year-on-year decrease of 10.52%. The domestic BDO market is stable with a narrow upward trend. Partial device maintenance, reduced industry capacity utilization, and increased supply side support. Manufacturers actively support the market by implementing a policy of reducing sales. Downstream follow-up on demand, trading on the high end of spot small orders, and narrow upward exploration of market focus.

On the supply side, following the maintenance of the Xinjiang Xinye plant, the Dongjing Biotechnology plant also underwent a major inspection, resulting in a further decrease in industry capacity utilization and a reduction in the supply of available goods in the market. At the same time, transportation in Xinjiang has been slightly slow in recent times, and the industry has suffered long-term losses. Suppliers have actively adjusted their sales policies in June to support the market. The supply of BDO is affected by favorable factors.
On the cost side, the sudden increase in supply of raw material calcium carbide has become the main factor causing the decline in calcium carbide prices. The domestic methanol market is running weakly. As of 10:00 am on May 23rd, the domestic methanol Taicang price is 2304 yuan/ton. The weak prices of raw materials such as calcium carbide and methanol have been consolidated, and the cost of BDO has been affected by unfavorable factors.
On the demand side, there is no significant change in downstream demand, and multiple industries are under cost pressure, resulting in limited acceptance of high raw material prices. The demand side of BDO is affected by bearish factors.
In the future market forecast, some devices will continue to be under maintenance, and the supply side will continue to support downstream demand follow-up. However, under cost pressure, resistance to high raw material prices will suppress the increase in raw material prices. Business Society BDO analysts predict that the domestic BDO market is fluctuating.