According to the sample data monitored by the business agency, as of August 9, the average price of domestic BDO producers was 28750 yuan / ton, with a month on month increase of 51.12% and a year-on-year increase of 250.61%. In terms of market price, the mainstream negotiation of spot apron in East China is 29000-30000 yuan / ton, and the mainstream negotiation of spot apron in South China is 29000-30500 yuan / ton.

On the supply side, the extension of oil and the suspension of new business bidding have exacerbated the wait-and-see mood of operators. The resistance of major downstream households to high prices increased, and the cost transmission of some downstream industries such as PBT was blocked, so they were forced to reduce negative production. However, under the tight supply, some just need to follow up, and the focus of negotiation continues to rise.

In terms of devices, lanshantun river was overhauled for one month on July 25; Xinjiang Meike phase II was overhauled from July 8 to August 10; Xinjiang Xinye stopped for maintenance for 20 days on July 25; Dongyuan replaced the catalyst on August 4, which is expected to take 7-10 days; Chongqing Jianfeng plans to replace the catalyst on August 9.

Some units are undergoing maintenance or catalyst replacement, and the transportation in some regions is limited. The supply of goods in the market continues to be tight, and the manufacturer’s spot offer is high-end. However, with the passage of time, the mentality of chasing up in the downstream returns to calm, and the tension between supply and demand is expected to be broken. BDO analysts of business agency expect that the domestic BDO market will run strongly.