This week, the domestic BDO market continued to be weak, some devices were restarted, the overall supply increased, and the supply side support weakened. At the same time, terminal demand continued to languish, dragging down the downstream market in many industries.

According to the sample data monitored by the business agency, from July 8 to 15, the domestic BDO market price fell from 18280 yuan / ton to 16680 yuan / ton. The price fell by 8.75% in the week, 25.87% month on month, and 13.46% year-on-year. In terms of market price, 15300-15700 yuan / ton was negotiated by the mainstream of spot bulk water in East China; Barrel negotiation 17000-18000 yuan / ton (acceptance and delivery); The mainstream negotiation of spot bulk water in South China is 15500-15800 yuan / ton; Barrel negotiation 17000-18000 yuan / ton (acceptance and delivery).

In terms of upstream raw materials, raw material calcium carbide: the supply of calcium carbide has decreased, but the downstream fatigue is difficult to support the sharp rebound of calcium carbide. In the short term, the domestic calcium carbide market is stable and small, and the overall operation is still finishing.

Comparison chart of carbide (upstream raw material) -bdo price trend of business agency:

In terms of methanol, the production cost of methanol is supported to a certain extent. Methanol supply is expected to increase, demand is weakened, and the short-term domestic methanol market is weak and declining. BDO cost side support continued to be weak.

In terms of downstream products, the operating rate of PBT industry is general, and it just needs to be followed up; The market of gbl-nmp industrial chain fell, mainly contract procurement; The load of the main devices of downstream TPU and Pu slurry is around 50-60%, and it is mainly purchased with small orders just needed; The start-up of PBAT industry fell to 10%, and the production was slow under the cost of new capacity and sales pressure.

BDO supply will continue to increase, while some major downstream factories are expected to reduce their burdens or overhaul. BDO analysts of business agency expect that the domestic BDO market will continue to decline.