Market Dynamics: The BDO market in South China is consolidating within a range. Supply is ample, with downstream users following up based on demand and engaging in price negotiations. Trading is primarily contract-based, while spot market discussions remain subdued, and market sentiment remains stable. In East China, the BDO market is fluctuating within a range. Support from the supply side is moderate, with downstream users either digesting inventory or making purchases based on immediate needs. Suppliers show limited enthusiasm in market operations.
Price Dynamics: In East China, spot bulk water prices are mainly negotiated at 7,300–7,500 RMB/ton, while drummed prices are negotiated at 8,300–8,500 RMB/ton (delivered with acceptance). In South China, spot bulk water prices are mainly negotiated at 7,500–7,700 RMB/ton, while drummed prices are negotiated at 8,500–8,700 RMB/ton (delivered with acceptance). Some companies have announced new settlement prices and listed prices.
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