I. price trend

The atmosphere of domestic BDO market is strong. According to the sample data monitored by the business association, as of November 7, the average price of domestic BDO market was 9520 yuan / ton, which was stable on a month on month basis, down 11.03% year on year.

II. Market analysis

Products: the domestic BDO market has been consolidated and operated. The factory has a stable mentality and a strong intention to support the market. The middlemen are actively making offers. The downstream just needs a small order to enter the market. The information on the market is relatively flat and the wait-and-see atmosphere is strong.

In terms of market, the BDO market in North China is stuck at a high level, the supply of goods in the field is still not loose, the factory is willing to support the market, the traders are reluctant to sell at a low price, some small orders in the downstream are looking for goods, and the atmosphere of spot negotiation in the field is acceptable. The BDO market in East China is stagnant and consolidated. The suppliers are willing to support the market. The offer is high. The downstream just needs to follow up. The spot negotiation price is on the high side, and the market wait-and-see atmosphere is strong. BDO market in South China is firm and consolidated, some factories are well maintained, the supply side is supported, the mentality of the operators is stable, the intention of low delivery is not strong, the downstream just needs to find goods, the small order replenishment enthusiasm is good, and the market transaction atmosphere is fair.

Industrial chain: in terms of raw materials, the delivery of methanol, Inner Mongolia and other upstream enterprises this week is limited, and some of them have been adjusted to near 1850. Linyi heavy pollution, formaldehyde and other downstream demand weakened, the rest of the downstream receiving cautious, some traders replenish the early contract, but most of the losses. Port inventory increased and Ma operated at a low level. To sum up, China’s methanol market or weak decline in the short term.

Calcium carbide: the price of the first-class calcium carbide purchased locally is 2850-3350 yuan / ton in the North China calcium carbide market. The arrival is normal in this area, and the wait-and-see atmosphere of the manufacturer is strong. It is expected that the purchase price of calcium carbide will be adjusted in a narrow range in the later stage.

III. future forecast

On the positive side, the manufacturer is willing to support the market, and crane coal overhauls. On the negative side, downstream demand continued to be weak. BDO analysts predict that in the short term, the domestic BDO market will be narrowed down, with specific attention to the restart of Tianye this month.