January 12th News: On January 12th, some domestic BDO production facilities were shut down: Dongyuan Technology - Dongjing Bio's 380,000-ton/year BDO plant, with the first phase of 100,000 tons/year currently shut down, and the second phase of 280,000 tons/year operating at 70% capacity. Xinjiang Markor Chemical's third-phase 100,000-ton/year plant is shut down, while the first phase of 60,000 tons/year, second phase of 100,000 tons/year, fourth phase of 100,000 tons/year, and fifth phase of 100,000 tons/year BDO plants are operating normally. Chempricehub analysis of 1,4-butanediol, with a bullish-bearish score: +1. The article reports that Dongyuan Technology's first-phase 100,000-ton BDO plant is shut down, the second-phase 280,000-ton plant's capacity has been reduced to 70%, and Xinjiang Markor Chemical's third-phase 100,000-ton plant is shut down, while other plants are operating normally. This has resulted in a reduction of approximately 284,000 tons of domestic BDO supply capacity, accounting for a significant proportion of the total capacity of some enterprises. Against the backdrop of stable demand, the supply contraction is expected to drive up spot prices, benefiting the market. The score is moderately bullish +1, as although the scale of the production cuts is not nationwide, the impact is significant and may stimulate short-term price increases.
Comments
0