Price Trend

The domestic BDO market is running smoothly. According to the sample data monitored by business associations, as of August 6, the average price of the domestic BDO market was 9360 yuan/ton, which was 19.41% lower than that of the same period last year.

II. Market Analysis

Products: Early in the week, the market news was less, and the domestic BDO market was running steadily. Although the factory still has a positive price mentality and the middlemen actively follow up the high offer, but the downstream just need to replenish the warehouse, the intention of backup is not strong, and the main downstream market is weak, contract digestion is slow, high price conflict; spot market is also just in need of small single delivery, big single rarely heard. Restarting factories has gradually lifted the load, supply-side support has weakened, the mindset of operators is empty, temporary stability of the market. When the demand side is not well supported, the timely implementation of some inventory maintenance planning devices is the greatest driving force to promote market growth.

On the market side, the BDO market in East China is running steadily. The factory still has a positive price mentality, the main downstream demand is weak, cautious wait-and-see, and the spot market just needs small orders. At the same time, restart the factory to raise the load, and the operators operate smoothly. The BDO market in South China is mainly stable. The market is booming, the market start load has increased, the support of the supply side has weakened, and the downstream is still dominated by just-needed, provisional stability of the offer, waiting for clear information guidance.

Industry chain: raw materials, methanol: methanol market rise in Inner Mongolia this week, the mainstream guidance price increased by 50 yuan / ton to 1650-1700 yuan / ton, Shandong and other places after the sharp rise in prices, prices in Inner Mongolia have risen, the current mainstream manufacturers are not pricing. Prices of mainstream manufacturers in Guanzhong area are stable at about 1850 yuan/ton. The main reason for the tender price of manufacturers is that there are more maintenance devices in Guanzhong and less supply in the market. However, due to the sharp decline in futures, traders are more cautious and market mindset is empty. Calcium carbide: Domestic calcium carbide market continues to decline, production enterprises are under pressure to ship cargo, downstream unloading trucks are gradually increasing, the industry is cautious to wait and see, Ningxia region to reduce the price of calcium carbide factory to promote the speed of shipment, the current price of calcium carbide in Ningxia region is 2800-2850 yuan/ton, Wuhai region has a downward plan, is expected to reduce 50 yuan/ton tomorrow. At present, the ex-factory price is between 2800 and 2850 yuan per ton, while the price in the Ukrainian League region has been narrowly reduced, ranging from 3050 to 3100 yuan per ton. The purchasing price of rolling stock in Henan is lowered to control the quantity of goods arrived. At present, the purchasing price in Henan is 3200-3250 yuan/ton. The rest of the procurement areas are mainly on the lookout.

3. Future Market Forecast

At present, the overoffer of factories is firm, and the market continues to be strong. The supply and demand side has little change, the start of construction is low, the demand side is still about the main length, just need a small single replenishment. BDO analysts of business associations expect that the domestic BDO market will reorganize and operate, and the on-site focus will be mostly on device dynamics.