Market Dynamics: The BDO market in East China is operating under a wait-and-see sentiment. With no favorable support from the supply and demand sides, market participants are maintaining a stable outlook. Trading is primarily driven by contract orders, while spot market negotiations remain subdued, leading to a steady and quiet market focus. In South China, the BDO market is experiencing narrow-range consolidation. The lack of fundamental guidance has sustained a cautious sentiment among industry players. Downstream demand is following up on contracts as needed, while suppliers negotiate based on market conditions, resulting in minimal fluctuations in market focus.
Price Dynamics: In East China, mainstream spot bulk water negotiations range from 7,300 to 7,500 RMB/ton, while drum-packed negotiations range from 8,300 to 8,500 RMB/ton (delivered with acceptance). In South China, mainstream spot bulk water negotiations range from 7,500 to 7,700 RMB/ton, and drum-packed negotiations range from 8,500 to 8,700 RMB/ton (delivered with acceptance). Some companies have announced new settlement prices and listed prices: the company's December settlement price (bulk water delivered)
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