After more than a month of rapid rise, BDO downstream has obvious resistance to high prices, and the positive transmission is not smooth. Traders have entered the wait-and-see stage, so the BDO market has entered a high consolidation period. According to the sample data monitored by the business society, from August 5 to August 12, the average price of domestic BDO producers increased narrowly from 28500 yuan / ton to 29000 yuan / ton, with an increase of 1.79% during the cycle. The rise slowed down significantly, and the price increased by 52.43% month on month and 253.66% year-on-year. In terms of market price, the mainstream negotiation of spot apron in East China is 29800-30800 yuan / ton, and the mainstream negotiation of spot apron in South China is 30000-31000 yuan / ton.

In terms of supply, some maintenance devices will be restarted in the near future, and the shipment mentality of individual traders will increase after making profits. However, with the slight increase of market supply, the bearish mentality of the middle and lower reaches of the market will turn rational, and the strength of chasing up and covering positions is not strong. Most downstream terminals have weak ability to accept high prices, and some downstream industries have negative expectations.

In terms of devices, lanshantun river was overhauled for one month on July 25; Xinjiang Meike phase II was overhauled from July 8 to August 12, and phase III plans to replace the catalyst in the near future; Xinjiang Xinye stopped for maintenance for 20 days on July 25; Dongyuan replaced the catalyst on August 4, which is expected to take 7-10 days; Chongqing Jianfeng plans to replace the catalyst on August 9.

In the future, with the passage of time, the downstream chasing up mentality returned to calm, and the downstream production enterprises also chose to reduce negative production due to the continued strong cost. In addition, with the completion of maintenance of production enterprises and the easing of the tension between supply and demand, BDO analysts of business society expect that the domestic BDO market will enter the consolidation stage.