According to the Commodity Market Analysis System of the Business Society, the atmosphere of the domestic BDO market has rebounded. From June 5th to 9th, the average price of domestic BDO decreased from 11078 yuan/ton to 11028 yuan/ton. During the week, the price decreased by 0.45%, a month on month decrease of 12.27%, and a year-on-year decrease of 50.94%.

Some BDO devices have undergone maintenance and load reduction, resulting in a decrease in overall market supply. Suppliers mainly supply contract orders, while spot controlled supply is strong in the market. Downstream small households have a strong demand to replenish their positions, coupled with online auction transaction prices continuing to rise, causing overall market volatility to rise. Some production enterprises have been slow to follow up on prices, and market prices have rebounded towards the weekend.

Supply side,. Short term BDO supply is a positive factor.

On the cost side, raw materials for calcium carbide: The domestic calcium carbide market continues to be weak. On June 9th, the benchmark price for calcium carbide in Shangshang Society was 3000.00 yuan/ton, a decrease of -4.76% compared to the beginning of this month (3150.00 yuan/ton). In terms of methanol, supply is still abundant, demand changes are limited, and costs may temporarily remain stable. The domestic methanol market is operating in a weak trend. On June 9th, the benchmark price of methanol for Shangshe was 2085.83 yuan/ton, a decrease of -3.43% compared to the beginning of this month (2160.00 yuan/ton). Recently, the market for calcium carbide and methanol has continued to be sluggish, and there is currently no significant improvement in the cost of BDO.

On the demand side, the situation in the spandex industry is weak and declining. The Cathay Pacific Xinhua PTMEG device was shut down for maintenance on June 5th, and the Chongqing Jianfeng device was repaired from June 9th to 15th, resulting in a reduction in raw material digestion. The PBT industry has a load of nearly 60%, increasing the digestion of raw materials and following up on orders in demand; The operating load of PU slurry and TPU industry in the polyurethane field is 40-50%, and follow-up is required. The demand for short-term BDO is mixed.

In the future market forecast, the supply volume is still decreasing, and the supplier has a strong mentality of controlling quantity and being reluctant to sell. However, the overall opening of the downstream industry has slightly declined, with a reduction in raw material consumption and a focus on maintaining contract follow-up. BDO analysts from the business agency predict that the domestic BDO market may fluctuate and consolidate.