Market Dynamics: The BDO market in East China is experiencing range-bound fluctuations. Auction transactions concluded at a premium, with suppliers continuing to stabilize the market. Downstream demand follows rigidly, while the trading market remains stable and adopts a wait-and-see approach, resulting in a calm and steady market focus. In South China, the BDO market is undergoing narrow-range consolidation. Online auction transactions concluded at a premium, but the boost to the market is limited. Downstream demand continues to follow rigidly, leading to a stagnant market outlook.

Price Dynamics: In East China, the 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 on acceptance). In South China, the mainstream spot bulk water negotiations range from 7,500 to 7,700 RMB/ton, while drum-packed negotiations range from 8,500 to 8,700 RMB/ton (delivered on acceptance). Some companies have announced new settlement prices and listed prices: The company's December settlement (bulk water delivered)