Consolidation of BDO market stalemate

1、 Price trend

 

According to the sample data monitored by the business agency, as of March 18, the average price of domestic BDO market was 9760 yuan / ton, with a 1.91% month on month drop in price and a 7.77% year-on-year increase.

 

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2、 Market analysis

 

Products: the domestic BDO market is in a stalemate. The factory’s starting load is low, but the inventory pressure is high. Some manufacturers are still willing to ship at a low price. The downstream construction is limited, the demand recovery is slow, the market entry conflicts with the high price, and the focus of on-site single negotiation is slightly down.

 

In terms of market, BDO market in North China has a lower focus, limited on-site favorable support, weak downstream demand, increased market entry prudence, small order inquiry for some of the on-site memory, and relatively cold negotiation atmosphere for large orders. The BDO market in East China is weak, the downstream construction is limited, and the enthusiasm for entering the market is weak. The enterprise inventory is still difficult to digest, some manufacturers continue to let the interest shipping intention, and the focus of on-site actual single negotiation is slightly lower. The BDO market in South China is weak, the plant load is low, and the intention to support the market is still there. However, the downstream construction is limited, the market entry depresses the high price, and the focus of spot market negotiation is slightly weak.

Melamine

 

Industrial chain: in terms of raw materials, methanol and domestic methanol market as a whole maintained a weak trend, and prices in some regions continued to decline. In terms of the mainland market, the demand side is light, the supply-demand contradiction is dependent on each other, and the new price decline in the northwest is conducted, which leads to a continued decline in some parts of the mainland. In terms of port market, the narrow amplitude is mainly fluctuating, and the overall amplitude is not large. It is reported that the basis is slightly stronger, and the short-term market trends such as crude oil still need to be paid attention to.

 

Calcium carbide: the calcium carbide Market in Inner Mongolia fluctuates, and the main factory price of the local first-class calcium carbide is about 2700-2850 yuan / ton. The plant of the local manufacturer is generally started, and the downstream reception is acceptable. Based on the overall analysis, it is predicted that the short-term market price will fluctuate in a narrow range.

 

3、 Future forecast

 

On the positive side, the manufacturer’s offer is firm, and the factory starts at a low level. On the negative side, the downstream demand is weak, and the negative mood is obvious. BDO analysts predict that the short-term domestic BDO market will focus on narrow range consolidation, focusing on downstream commencement and actual single transaction.

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