Epoxy curing agent Market High stalemate – where should the BDO market go?

High stalemate – where should the BDO market go?

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Since the beginning of 2023, the BDO market has changed from 10,000 yuan/ton in early January The price has soared all the way to about 13,550 yuan/ton as of now (February 15). Let's review the recent market trend in detail:

2023There will be a Spring Festival holiday in January, logistics and transportation will be relatively slow, and due to the impact of natural gas in Southwest China, the equipment will operate at a lower load. , The BDO market rose strongly in January, from about 10,000 yuan/ton at the beginning of the month to about 12,800 yuan/ton at the end of the month.

2Since the end of the Spring Festival holiday at the beginning of the month, the spot supply is still tight, and there are small and medium-sized customers in the middle and lower reaches who just need spot replenishment. Continue up. The follow-up supply-side device load has increased, and the manufacturer's offer price is relatively high, and the market transactions are mainly based on contract delivery. The recovery speed of the downstream is slow, there is resistance to high prices, and there is a game between supply and demand, which leads to a stalemate in the market at a high level.

BDOIn the follow-up to the market, with the maintenance of some equipment or the reduction of the burden on the agent, the market supply is expected to decrease, which will support the manufacturers who hold the goods to continue to support the market. However, due to cost pressures, the overall buying momentum in the downstream of the terminal is relatively weak, mainly based on contract procurement and follow-up of sporadic small orders. However, the main downstream PTMEG-spandex industry chain will have certain support for the market. Therefore, overall, it is expected that the subsequent BDO market will run at a high level, and it is necessary to focus on the start of construction on the supply side of the venue and the situation of auction transactions.

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This article is from the Internet, does not represent the position of Epoxy curing agent, reproduced please specify the source.https://www.dmp-30.vip/archives/9674

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