Recently, the domestic BDO spot market has been operating steadily, and only a few enterprises have announced the price of Xinyue’s external brand. According to the sample data monitored by the business community, as of January 7, the average price of domestic BDO producers was 13125 yuan / ton, which was stable on a month on month basis and increased by 33.98% on a year-on-year basis.

Some enterprises announced new settlement price and listing price:

Enterprise, settlement in December (bulk delivered), listing in January (bulk delivered)

Xinjiang Meike Chemical Co., Ltd. $12650 / T East China, $12800 / T South China (bulk water delivery), $13300 / T East China, and $13500 / T South China (bulk water delivery)

Xinjiang Lanshan Tunhe Chemical Co., Ltd. $12650 / T East China, 12800 / T South China (bulk water to be delivered) 13300 / T East China, 13500 / T South China (bulk water to be delivered)

The domestic BDO market is stable. During the day, the prices of raw materials calcium carbide and methanol both went down, the profit margin increased, and the factories pursued profit maximization. At the same time, the inventory pressure was not big, so they were determined to support the market. Middlemen hold limited sources of goods, trading enthusiasm is not high, but yield profits prudently, continue to quote high. The whole downstream started generally. Although some factories have slightly increased their intention to prepare goods, they are resistant to high prices. It is difficult for the supply and demand sides to have obvious fluctuations in the market through negotiation.

In terms of facilities, affected by natural gas, Sichuan Tianhua and Chongqing Jianfeng have dropped to 70%; Kaixiang is expected to restart on January 7. Inventory pressure is not big, spot supply is limited.

At present, the support of the cost side is weakened, Kaixiang is about to restart, the supply and storage increment is expected, which is beneficial to the air and downstream mentality, and the procurement is cautious. BDO business analysts expect that in the short term, domestic BDO market is mainly in a stalemate.