Price Trend

The domestic BDO market fell sharply. According to the sample data monitored by business associations, as of January 23, the average price of the domestic BDO market was 9,600 yuan/ton.

II. Market Analysis

Products: The domestic BDO market has declined significantly. In front of the Spring Festival, there was a strong atmosphere of waiting and watching, and the downstream markets were withdrawn one after another. The enthusiasm of taking over the offer was not high. The discussion was cold and the promotion was general. It is expected that the short-term BDO market will still be dominated by weak consolidation. In terms of price, the mainstream offer in East China and North China is 9600-10000 yuan/ton, the real unit price is 9300-9500 yuan/ton, and the barreler negotiates 10300-10500 yuan/ton. South China offers 9600-10000 yuan/ton, real unit price 9300-9600 yuan/ton, barreler bargaining price 10300-10600 yuan/ton.

On the market side, the BDO market in North China continues to be depressed. The main factories are self-use and long contract, the overall performance of the goods is general. Downstream just need to support the market, small single replenishment is the main. The BDO market in East China is weak and stable. Price range operation, little change. Upstream raw materials support is insufficient, terminal demand is limited, downstream just need small orders follow-up, the volume of real orders is flat, some traders have closed. The trend of BDO market in South China is stable. There is no good news on the market and the price has not been adjusted significantly. The downstream construction is inadequate, the performance is not good, the trading atmosphere is weak, and the shipment mentality of the industry is cautious before the festival.

Industry chain: In terms of raw materials, the carbide Market in Inner Mongolia has increased slightly, and the mainstream factory price of local first-class carbide is about 2600-2700 yuan/ton. In some areas, the power limit is serious, the stock consumption is fast, and the downstream receiving capacity is weak. Overall analysis, the market price of calcium carbide is expected to be stable in the later period.

3. Future Market Forecast

On the positive side, upstream calcium carbide has upward expectations; downstream PBT orders are good. In short-term, just need to trade; downstream construction is inadequate, production and marketing is depressed. Business agency BDO analysts predict that short-term weak operation of the BDO market is dominant.