Price Trend

According to the sample data monitored by business associations, as of September 10, the average price of domestic BDO market was 9 280 yuan/ton, which was 0.85% lower than that of the previous year and 18.19% lower than that of the previous year.

II. Market Analysis

Products: Domestic BDO market wait-and-see consolidation, light on-site trading atmosphere, poor mentality of traders, low enthusiasm for trading, cautious shipment, some large orders have small profit concessions, weak downstream inquiries, maintain just needed about the main, BDO market is expected to reorganize and operate in the future.

On the market side, the BDO market in South China is tidied up and running. The bulk water quotation refers to 8600-9000 yuan/ton, the barrel part of the market is 9600-10000 yuan/ton, the atmosphere of on-site delivery is light, the trader’s mentality is not good, and the downstream just needs long follow-up. East China BDO market wait and see, bulk water supply reference quotation 8600-9000 yuan/ton acceptance, market barrel loading part of small orders 9600-10000 yuan/ton, on-site delivery atmosphere is weak, traders are cautious, along with the market shipment, downstream just need to follow up.

Industry chain: raw materials, methanol: methanol market rose. The guided price in Inner Mongolia this week is 100 yuan/ton higher than last week, 1 670 yuan/ton ex-factory spot on the southern line and 1 700 yuan/ton ex-factory spot on the northern line. The main local enterprises have not yet issued a new price. The main enterprises in Guanzhong area quoted 1890-1950 yuan per ton of spot cash. The atmosphere in the morning was slightly rigid. With the futures rising in the afternoon, the market atmosphere warmed up. At present, major enterprises such as Changqing and Xianyang have stopped selling.

Calcium carbide: The domestic calcium carbide market has been narrowly increased, and the regional uneven delivery has aggravated the market wait-and-see. Shanxi and Henan are in a tight supply. Henan has raised the purchase price of calcium carbide. At present, it reaches 3150 yuan per ton. Limited electricity occurs from time to time in the Wuhai and Wumeng regions. Inventory of enterprises is low. Some enterprises are leading the rise, and the atmosphere around them is strong. Transportation pressure in North China is gradually increasing, and enterprises are mainly on the sidelines. It is expected that the mainstream transactions in Wuhai and Ningxia will increase the purchasing activity of downstream enterprises.

3. Future Market Forecast

Early in the week, there was less market news, and with factories raising their offer last Friday, the industry was more cautious about watching the market. Dongyuan plans to start on the 10th and increase the supply of goods in the market. However, the downstream industries start at a low level and replenish warehouses on demand. Supply and demand negotiation saw, business association BDO analysts predict that the short-term domestic BDO market is weak, pay more attention to supply and demand changes.