According to the Commodity Market Analysis System of Shengyi Society, from October 14th to 18th, the average price of BDO in China rose from 7342 yuan/ton to 7457 yuan/ton, an increase of 1.56% during the period and a year-on-year decrease of 28.69%. The capacity utilization rate of the BDO industry continues to decline, and transportation in Xinjiang is slow, resulting in a shortage of market supply. The main supplier of the goods is the contract order, and the spot quantity is limited. The mainstream quotation is on the rise.

On the supply side, with the shutdown of a set of equipment in Inner Mongolia and the extension of 15 days for oil replacement, the capacity utilization rate of the BDO industry has once again declined, and the market supply of goods is favorable.

In terms of cost, raw material calcium carbide: Recently, with the increase in supply and downstream maintenance, there has been a significant increase in market supply, leading to a decline in the domestic calcium carbide market. Raw material methanol: The domestic methanol market is mainly experiencing a decline. As of 10:00 am on October 18th, the domestic price of methanol in Taicang is 2445 yuan/ton. The raw material calcium carbide market is rising, while methanol prices are narrowly declining, and the impact on BDO costs is mixed.

On the demand side, downstream industries such as PTMEG, PU slurry, and TPU have seen an increase in load, while other downstream industries such as PBT and PBAT have seen a decrease in load, and most industries are in a loss making state with limited ability to accept high prices. The impact of BDO demand remains to be seen.

In the future forecast, the industry’s capacity utilization rate will still be at a low level, the market supply of goods will continue to be tight, and the profit intention of suppliers will actively support the market. Business analyst BDO predicts that the domestic BDO market is expected to rise.