Daily Commentary: BDO Market Runs Stably as Demand Weakens
February 6th, the domestic BDO market is running smoothly. As of press time, the average price of BDO in East China is 7400 yuan/ton, unchanged from the previous working day. Today, the raw material market is running relatively stable, providing acceptable cost support. BDO industry operating rates are stable, market supply is sufficient, and factories mainly focus on contract orders. Downstream PTMEG operating rates are stable, PBT operating rates have decreased, pre-holiday demand is gradually weakening, and market transactions are sluggish.
Market Outlook: Downstream factories are gradually suspending operations for holidays, and demand is weakening. The BDO market is expected to run weakly in the short term. The mainstream delivered price for bulk water in the East China market is 7200-7400 RMB/ton, and in the South China market, it is 7400-7600 RMB/ton.
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