Price Trend

The domestic BDO market is weak and stable. According to the sample data monitored by business associations, as of April 16, the average price of the domestic BDO market was 9064 yuan/ton.

II. Market Analysis

Products: Domestic BDO market is weak and stable. Recently, some factories of BDO in China have been overhauling or reducing their losses. Some factories have made firm offers, which are quite market-oriented. Spot market supply is still abundant, downstream inquiries are generally positive, multi-CEO is about the main, bulk bill turnover is light. The market news is calm, the holder is cautious in making the offer, the offer is temporarily stable, and the goods will be delivered on the market as soon as possible.

On the market side, the spot market of BDO in South China is stable. At present, the pressure of production cost is increasing and the overall production load of the factory is low. BDO factory has a strong market intention, but there is abundant spot supply in the market. The stockholders exercise caution and ship goods on the market. The spot market of BDO in East China is weak. At present, the pressure of production cost is increasing and the overall load of the factory is decreasing. BDO factory offers are firm and the market will be strong. However, the spot stock is high in the market, and the stockholders are cautious in their manipulation, so as to make profits and promote sales, they can ship goods on the market as they like.

Industry chain: In terms of raw materials, the northwest methanol market has fallen, the Inner Mongolia market has fallen, and the factory price has fallen by 30 yuan/ton to 2200 yuan/ton. Some enterprises have restarted this week. Traders are pessimistic about the market. The price is expected to fall further this week. Mainstream prices in Guanzhong region dropped 50 yuan/ton to 2200-2210 yuan/ton, and the overall inventory of manufacturers was low, but the shipment was not ideal, so the possibility of double adjustment could not be ruled out. The methanol market in Northwest China is expected to fall mainly. Calcium carbide: Domestic calcium carbide Market consolidation, power limitation in Inner Mongolia has eased, small calcium carbide stoves shut down in the early stage have gradually started construction, market supply has increased. The trade price in the Wuhai region has been loose sporadically, and the domestic calcium carbide market is expected to remain stable.

3. Future Market Forecast

On the positive side, upstream calcium carbide cost support. On the bearish side, downstream demand is light. The willingness of the manufacturer to support the market has been strengthened. The manufacturer delivers the goods along with the market, and the atmosphere of wait-and-see is strong. At present, the domestic BDO spot supply is excessive, and the follow-up of downstream real orders is limited. BDO analysts of business associations expect that the domestic BDO market is weak.