Market Dynamics: The BDO market in East China is operating with a wait-and-see attitude. Suppliers are negotiating annual contracts, while downstream buyers are following up based on demand. Holders of goods are maintaining stability and observing the market, with spot transactions for small orders being negotiated based on immediate needs. The market focus remains stable and subdued. In South China, the BDO market is experiencing range-bound fluctuations. Support from the supply side has weakened, and industry participants are cautiously bearish. Suppliers are negotiating annual contracts, while downstream buyers are making purchases based on immediate needs. The market trading focus remains deadlocked.

Price Dynamics: In East China, the mainstream spot bulk water negotiations are at 7,300-7,500 yuan/ton, while drum-packed negotiations are at 8,300-8,500 yuan/ton (delivered with acceptance). In South China, the mainstream spot bulk water negotiations are at 7,500-7,700 yuan/ton, while drum-packed negotiations are at 8,500-8,700 yuan/ton (delivered with acceptance). Some companies have announced new settlement prices and listed prices: Company's December settlement (bulk water delivered).