The domestic BDO market continued to strengthen last week. According to the sample data monitored by the business agency, the average price of domestic BDO producers was 9816 yuan / ton on October 26, and 11300 yuan / ton on October 30. The price rose by 15.11%, 18.07% month on month and 5.01% on the same day. In terms of enterprise units, the second phase of Meike 100000 tons / year was installed at the end of October to replace the catalyst. At present, the unit is running at 50% of the load and is expected to be about 7 days. As of today (10.19), the spot bulk water negotiation in East China is 10500-10800 yuan / ton, the barreled bulk water negotiation is 11500-11900 yuan / ton (acceptance delivery); the bulk water negotiation in South China is 10500-10800 yuan / ton, and the barreled bulk water negotiation is 11500-11900 yuan / ton (acceptance delivery).
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Some enterprises announced the settlement price in October and the listing price in November:
Settlement in October (bulk water delivery) listing in November (bulk water delivery)
Xinjiang Meike Chemical Co., Ltd. $9500 / ton East China, 9650 yuan / ton South China East China 10800-11500 yuan / ton, South China 11000-11600 yuan / ton
Xinjiang Lanshan Tunhe Chemical Co., Ltd. East China 9500 yuan / ton, South China 9600 yuan / ton, East China 11000 yuan / ton, South China 11200 yuan / ton
At present, the spot supply is still tight, supporting manufacturers’ high offer to support the market. Downstream contract procurement is the main part, and other downstream inventory and spot replenishment demand are pushed up by manufacturers, and the focus continues to rise. Business agency BDO analysts expect that this week the domestic BDO market will still be high finishing.
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