After the festival, the BDO market will wait and sort out

The domestic BDO market is mainly on the sidelines. Although the manufacturers have a strong intention to set prices, and the published auction prices are mostly high and stable, the market price has a slight upward trend in the middle and late weeks, and the range is not about 200 yuan/ton. However, the downstream receiving intention is not strong, and it is difficult to make a deal at high prices. The buying and selling atmosphere is light.

 

Gamma Polyglutamic Acid

According to the sample data monitored by the business community, from October 8 to 13, the average price of domestic BDO manufacturers at the beginning and end of the week remained at 14600 yuan/ton, with a month on month increase of 33.79% and a year-on-year decrease of 52.33%. In terms of market price, 14200-14700 yuan/ton was negotiated by the mainstream of spot apron in South China; 15000-16000 yuan/ton (delivered by acceptance); In East China, the spot apron mainstream negotiation is 14200-14500 yuan/ton; The barreled goods are negotiated for 15000-16000 yuan/ton (delivered by acceptance).

 

In terms of upstream raw materials, raw material calcium carbide: the domestic calcium carbide market is stable and small, road transportation is blocked, and the enterprise’s shipping speed slows down, but the downstream waiting for unloading is low, procurement is active, and the lack of regional arrival affects the downstream commencement. In the short term, the domestic calcium carbide market is expected to rise.

 

In terms of methanol, the business community monitored that the price of domestic methanol in East China ports fell after the festival, which was 3246 yuan/ton at the beginning of the week and 2850 yuan/ton as of October 13. The price fell by 12.22% during the cycle. At present, the domestic methanol market is weak. BDO cost support is average.

 

In terms of downstream products, the main downstream PTMEG spandex industry mainly digested inventory, and the market did not fluctuate significantly; Other downstream companies have also followed up with contracts, while the spot market has weakened, restraining the trend of BDO market to some extent.

 

The manufacturer’s intention to support the market continued, the downstream just needed orders to follow up, and the high price delivery and investment were blocked. The market lacks the guidance of obvious positive factors. Business agency BDO analysts expect that the domestic BDO market will be dominated by shocks.

http://www.gammapolyglutamicacid.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>