According to the sample data monitored by the business agency, the domestic BDO market price was 8200 yuan / ton at the beginning of the week, up 4.60% month on month and 12.39% lower than the same period last year.

The BDO market has been weak this week. The main factories such as Panjin Dalian, Dongyuan, Tunhe and Tianye are still in the process of parking, and the superimposed crane coal has been shut down for a week due to the upstream device problems, and the load inside the site is hovering at a low level; moreover, the transportation of some factories in Xinjiang is limited, and the spot supply is reduced. At the same time, the raw material side support is strong, the factory is still losing money, the supplier’s willingness to profit is strong, and the high offer is firm. However, the follow-up situation in the middle and lower reaches is general, some traders are cautious and the mainstream quotation is stable. This week, the downstream TPU and Pu slurry industry was suppressed by costs, and the price rose sharply, but the start-up change was not big, and the BDO procurement volume was limited. The main downstream factories mainly take delivery of goods in contract, while small orders are slightly higher than those in large ones. Moreover, after the restart of storage and parking devices, the favorable support at the supply side is weakened, and the operators are bearish on the future market, which makes it difficult for the market to push up sharply. Therefore, we should continue to pay attention to the device dynamics and the changes in downstream demand.

In terms of equipment, this week, Meike restarted on July 5 with a load of about 60%; Tunhe river was shut down for maintenance until the end of August; Kaixiang load was 60%; Dongyuan was in the process of shutdown, and it was planned to restart on August 10; Ronghe and Xinye stopped for maintenance, and the restart time was not determined; Hemei No.1 plant had a load of 80%, and the restart time of another device was uncertain; black cat load was 60%; Panjin Dalian was shut down for maintenance on June 10 to the beginning of August.

In terms of raw materials, methanol, this week’s methanol market range finishing, floating space 20-30 yuan / ton. The 300000 t / a methanol plant in Shilin, Inner Mongolia, is planned to be stopped for inspection, but the market stimulation is limited, and the bidding of each factory is slow, and the main stream is 1250-1280 yuan / ton. The maintenance of Baoji main plant in Guanzhong area is delayed, and the factory mentality is relatively firm, which has been increased three times in a week, but the high-end transaction is rare; the 1.2 million tons / year methanol plant in Xinjiang has steadily increased the load, but based on the public Due to the negative suppression of health events, the mainstream negotiations outside Xinjiang fell to 770-820 yuan / ton of spot exchange.

Calcium carbide: this week, the domestic calcium carbide market has slightly increased, with an increase of 50 yuan / ton. The production enterprises have a smooth delivery and low inventory. Some enterprises are in short supply, and the mentality of factory price adjustment is aggravated. Due to the high temperature in summer, calcium carbide enterprises are not stable in operation, and the supply is tight, and the overall market atmosphere is strong. In terms of the downstream, the vehicles waiting to be unloaded are low, and the procurement is active. From North China and East China, regional price adjustment has gradually appeared. Affected by the maintenance near the Northern Yuan Dynasty in Shaanxi Province, the mentality of stabilizing the price has been aggravated, and the main idea is to wait and see.

Downstream: PBT: the load of Kaixiang, Tunhe, Changshu Changchun and Wuxi Xingsheng is about 50%; Meizhou Bay, Shandong weijiao and Meiyuan units are in normal operation; Kanghui two lines are about 60%; Yizheng Chemical fiber is about 60%. A 60000 ton production line is planned to be overhauled on July 21, with an estimated 20 days. PTMEG: the load of supporting PTMEG is about 60%. Outsourcing plant: Xiaoxing load 70-80%, Sanlong full load operation. Other downstream: GBL industry load is 50%; PU slurry load is 50%; TPU current load is about 70-80%. The start-up of PBAT was stable.

At present, some units are still in the shutdown state, the spot supply is reduced, the factory inventory is controllable, and the short-term supply side is still good. In addition, some downstream and traders have a small amount of demand for replenishment. Under the support of the supply side, the focus of new single negotiation is expected to be explored, but the speed is slow and the range is limited. Although some downstream markets are better, they have little effect on the market due to the limited consumption; the main downstream market has little change, but there is still a short position expectation after inventory digestion. BDO analysts of business agency predict that the domestic BDO market will maintain stability next week, and the deposit may rise slightly, paying attention to the change of mentality of the supply and demand side and the actual order promotion.