Domestic BDO spot supply is tight and the market is strong. According to the sample data monitored by the business community, as of February 5, the average price of domestic BDO producers was 15575 yuan / ton, with a month on month rise of 18.67%, up 57.71% year on year.
| ferric sulfate (Poly ferric sulphate) |
Some enterprises announced new settlement price and listing price:
Enterprise, settlement in January (bulk water delivered), listing in February (bulk water delivered)
Xinjiang Meike Chemical Co., Ltd. $12860 / T in East China, $12960 / T in South China, and $15400 / T in East China and $15600 / T in South China
Xinjiang Lanshan Tunhe Chemical Industry Co., Ltd. $12800 / T East China, $13000 / T South China (bulk water delivery), $14300 / T East China, and $14500 / T South China (bulk water delivery)
The domestic BDO market is tight and the price is rising. Manufacturers mainly delivered orders, spot goods were in short supply, and the high level of bidding was boosted, and the focus of negotiation continued to rise. The main factories announced that they were listed in February, with a sharp increase of 1000-2300 yuan / ton compared with January, showing obvious intention to support the market.
In terms of devices, Dongyuan finished maintenance, Shanhua replaced the catalysts at the end of January, and great wall energy replaced the catalysts in turn from February 1. The overall supply decreased, and favorable support remained.
Although next week will enter the Spring Festival holiday, but the main customers in the downstream are more “holiday without work stoppage”, and the digestion of raw materials is considerable; while other small customers in the downstream are more, stock is not much, and continue to go into the market to catch up and replenish positions may be in the majority. Therefore, the demand side support is acceptable. BDO business analysts expect that the domestic BDO market in the short term high volatility.
| Azodicarbonamide (AC foaming Agent) |