Equipment maintenance, transportation blocked, domestic BDO supply continued to be tight, the domestic BDO market rose again this month. According to the sample data monitored by the business community, the average price of domestic BDO producers was 12800 yuan / ton on January 1, and 13600 yuan / ton on January 31, with a price increase of 6.25% and a year-on-year increase of 38.83%.

This month, the domestic BDO market was strong and upward. In some areas, the transportation is limited, the equipment is overhauled, the market supply is tight, the manufacturers are profit-making, they are reluctant to sell, the offer continues to rise; the downstream demand follow-up is acceptable, some of the middle and lower reaches are bullish, and the focus of discussion continues to rise.

In terms of units, Sichuan Tianhua and Chongqing Jianfeng have reduced the impact of limited gas to about 70%; Panjin Dalian has reduced the impact to about 60-70% due to the shortage of raw materials; the start-up of Yanchang oil is unstable within a month, and the load is maintained at about 30-40%; Dongyuan was shut down for maintenance from January 20 to January 30; Shannxi Shanhua’s 30000 ton plant was restarted but unstable, and the 100000 ton plant was put into maintenance plan at the end of the month; Kaixiang was shut down for maintenance from the end of December to January 7, and now it is stable; Shannxi black cat 12 At the end of the month, the company stopped to replace the catalyst and restarted in mid January, but the load was not high; Xinye in Xinjiang stopped to January 20 due to boiler maintenance at the beginning of January, and its operation is stable at present; Hemei stopped for a short time in late January, which has been restored; two sets of units in Tunhe changed the catalyst in mid and late January, which has been restarted at present.

Downstream, PTMEG started steadily; PBT: about 60% of Kanghui’s two lines started, and there is a plan to stop another line in the near future, and the specific details need to be followed up. Large Pu pulp and TPU factories follow up on demand; some small factories enter the holiday mode. On the whole, the demand side inventory is expected to decrease in the next month.

Next month, the trend of raw materials calcium carbide and methanol is weak and stable, and the support of cost side is general. The supply side is expected to increase, but it is still controllable. During the Spring Festival holiday, the downstream small factories leave the market, the demand decreases, and the on-site wait-and-see mood increases. In February, the Spring Festival holiday was saved, and the actual trading time was shortened. On the whole, the supply and demand side is still supported. BDO analysts of business club expect that the domestic BDO market will continue to rise in February.