According to the Commodity Market Analysis System of Shengyi Society, from October 8th to 12th, the average price of BDO in China fell from 7400 yuan/ton to 7342 yuan/ton, a decrease of 0.77% during the period and a year-on-year decrease of 31.28%. The capacity utilization rate of the BDO industry remains low, the market supply of goods is tight, and online listing sales are relatively high, indicating a willingness of suppliers to keep prices. Downstream production has increased, but multiple contract orders are being followed up, and spot purchases are being cautious. The supply-demand game continues, and the domestic BDO market is deadlocked.

On the supply side, the capacity utilization rate of the BDO industry has dropped below 50%; Some devices have also released news of maintenance and replacement in late October, and short-term supply side support continues. And within the week, Dongjing Biotechnology’s online listing sales were relatively high, and the supplier’s mentality of being reluctant to sell at low prices continued, which is favorable for the market’s supply of goods.

On the cost side, raw material calcium carbide: The domestic calcium carbide market has once again risen. Recently, with the rise in calcium carbide prices, the enthusiasm of calcium carbide production enterprises to start production has increased, the number of power transmission devices has increased, and some calcium carbide furnaces have completed maintenance, resulting in an increase in calcium carbide supply. Raw material methanol: The market price of methanol fluctuates at a relatively high level. As of 3:00 pm on October 12th, the domestic methanol Taicang price is 2551 yuan/ton. The prices of raw materials such as calcium carbide and methanol have both increased, and the favorable factors affecting BDO costs have strengthened.

On the demand side, with the increase in the load of PTMEG, PBT, PBAT, and PU pulp industries, the overall downstream digestion of raw materials has increased, but the loss of profits in multiple industries has suppressed raw material prices. The impact of BDO demand remains to be seen.

In the future market forecast, multiple sets of equipment are still under maintenance and load reduction, and there is no increase in new production capacity. The tight market supply continues to support the mentality of suppliers to sell at low prices. The overall production of downstream industries has increased, leading to an increase in the digestion of raw materials. However, many downstream industries are experiencing losses and are resistant to high priced raw materials, suppressing market trends.. Business analyst BDO predicts that the domestic BDO market is mainly in a stalemate and wait-and-see state.