According to the Commodity Market Analysis System of Shengyi Society, from September 1st to 5th, the average price of BDO in China remained at 7542 yuan/ton, with a month on month decrease of 9.90% and a year-on-year decrease of 6.55%. The BDO market is deadlocked after a decline. As prices reach low levels, some downstream demand for replenishment increases, leading to an overall increase in demand. The overall shipment of the factory is still acceptable, and the pressure of industry losses has increased, with a focus on maintaining market stability among suppliers.

On the supply side and in terms of equipment, the Tunhe Phase II and III equipment has been operating stably after restarting, while the Shaanxi Black Cat equipment has been operating at 70% load after a short shutdown. Other equipment has been operating relatively stably, and the overall supply volume of the industry has increased, with average supply side support. The supply side of BDO is affected by negative factors.
On the cost side, raw material calcium carbide: The overall domestic calcium carbide market is showing a narrow downward trend. Raw material methanol: The domestic methanol market continues to be weak. As of 10:00 am on September 5th, the reference price for domestic methanol in Taicang is 2260 yuan/ton. The weak consolidation of raw materials such as calcium carbide and methanol, as well as the negative impact of BDO cost factors.
On the demand side, under the traditional peak season effect of the Golden September, terminal demand has recovered to some extent, and downstream industries such as PTMEG, PBT, PBAT, GBL-NMP, TPU have all increased production to varying degrees, resulting in an increase in raw material digestion. At the same time, with the low price of BDO, some downstream factories have increased their urgent need for replenishment operations, which has helped the overall sales situation of BDO factories to remain stable. The demand side of BDO is affected by bearish factors.
In the future forecast, the supply and demand of the BDO market will increase, the negotiation game will continue, and the market will maintain a stalemate. Business Society BDO analysts predict that the domestic BDO market will mainly operate steadily.