Price Trend

The domestic BDO market fluctuates narrowly and the market atmosphere rises. According to the sample data monitored by business associations, as of October 12, the average price of domestic BDO market was 9520 yuan/ton, rising by 2.59% annually and falling by 14.07% year on year.

II. Market Analysis

Products: Domestic BDO market is tidied up and operated, the inventory of production enterprises is low, the stock intention of manufacturers is strong, the low-end supply is rarely heard, downstream purchasing is mostly maintained long-term follow-up, traders follow the market, the future market pays attention to the plant dynamics, and the BDO market is expected to reorganize and operate in the future.

On the market side, the BDO market in East China has been reorganized and operated, the reference quotation for bulk water supply is 8700-9200 yuan/ton, the barreled part of the market is 9600-10000 yuan/ton, the supply in the market is on the tight side, the stockpile of manufacturers is strong, the low-end supply is reduced, the downstream is more likely to maintain a long contract, some small orders follow-up, the traders will ship on the market, and the future market will pay attention to the plant equipment news. South China BDO market reorganization operation, bulk water quotation reference 8700-9200 yuan/ton, market barrel part of small orders 9600-10000 yuan/ton, some manufacturers inventory is low, spot tension, downstream purchasing more to maintain a long contract, traders offer temporarily stable, some small orders to discuss high-end, the market needs to pay attention to plant news.

Industry chain: raw materials, methanol: northwest methanol midwifery industry wait and see, mainly consolidation; Bohai Rim region turnover is weak, cautious; Huaihai methanol market delivery is poor, partial loosening; Central China region delivery is poor, partial downward; lack of futures under the guidance of port spot consolidation. Some installations in Northwest China will be planned to be repaired soon, and prices will be sorted out at a high level in anticipation of reduced supply. However, delivery in some areas such as southern Shandong and Henan provinces will continue to be light, and shipments will be poor, and manufacturers’prices will turn downward. However, traders in many cities have loosened their minds and prices continue to fall slightly. On the port side, there is a lack of guidance on futures prices. Prices in spot market are mainly consolidated and shipments are stable.

Calcium carbide: Calcium carbide market shows a downward trend. Market demand performance is general, for the lack of calcium carbide support, production enterprises increase the pressure of shipment, inventory increase. The trading atmosphere in the market is light. It is expected that the price of calcium carbide will be stable in the near future, and some prices will still fall.

3. Future Market Forecast

Some manufacturers have low inventories, few low-end goods in the market, traders follow the market, downstream to maintain just a long contract, some small orders follow-up, the future focus on plant plant dynamics, BDO business analysts predict that the domestic market for BDO is narrow collation.