I. price trend

The domestic BDO market is mainly sorted out. According to the sample data monitored by the business agency, as of November 15, the average price of the domestic BDO market was 9520 yuan / ton, with a stable price month on month, down 10.61% year on year.

II. Market analysis

Products: the domestic BDO market is high-end, with weak cost support. However, the factory inventory is low, the offer is firm, the low price is hard to sell, the downstream just needs to make up the position, and the market wait-and-see atmosphere is strong.

In terms of market, the BDO market in North China has been digested and sorted out, the supply of goods in the field is stable, the firm price intention of the factory continues, the downstream market is more cautious, and the on-site wait-and-see atmosphere is strong. The BDO market in East China is stagnant and consolidated. In addition to crane coal maintenance, other plants and devices in the site operate normally. However, the inventory of the plant is not under pressure, and the attitude of supporting the market continues. The downstream market enters the market as required, and the transaction center in the site is temporarily stable. The BDO market in South China is in a strong operation, the on-site starting load is steadily increased, the downstream market entry enthusiasm is weak, just need to place an order to make up the position, the supplier’s intention to keep the price is high, and the on-site transaction center is on the upper side.

Industrial chain: in terms of raw materials, methanol, the mainland of Zhou Dynasty and ports all fell to varying degrees. The futures remained weak, the port inventory decreased slightly in the week, but it was still on the high side as a whole, the delivery speed was average, and the short-term high stock pressure continued. On the mainland side, part of the port’s goods flowed into Shandong and other places in the week, which to some extent suppressed the trend of the mainland market, and the downstream market was not good, and the goods received were limited. In addition, the mainland was abundant in supply, and more profits were sold in various regions. In addition, the price of natural gas in Southwest China rose by 10%, with limited decline under the support of cost. However, at present, the gas head enterprises are in a state of loss. In the later stage, some units may reduce the load / stop, but the overall stop time of this year may be lower than that of previous years.

Calcium carbide: the calcium carbide Market in Inner Mongolia fluctuates in a narrow range. The main factory price of the local first-class calcium carbide is about 2500-2850 yuan / ton. The output of the local manufacturers is normal, and the downstream reception is acceptable. Based on the overall analysis, it is predicted that the short-term market price will fluctuate in a narrow range

III. future forecast

On the positive side, the manufacturer is willing to support the market, and crane coal overhauls. On the negative side, downstream demand continued to be weak. BDO analysts predict that in the short term, the domestic BDO market will be shaken and sorted out, with specific attention to plant restart.