According to the Commodity Market Analysis System of Shengyi Society, from April 14th to 18th, the average price of BDO in China remained at 7930 yuan/ton, with a month on month increase of 0.38% and a year-on-year decrease of 12.58%. The domestic BDO market is operating in a wait-and-see manner. The industry’s capacity utilization rate has declined, and production enterprises are actively supporting the market. The overall load of downstream industries has not changed significantly, but there is pressure on the cost side and bargaining sentiment towards raw material inventory. Supply and demand tug of war, narrow market focus consolidation.

There are significant fluctuations in the supply and installation aspects, and the capacity utilization rate of the BDO industry has dropped to around 4.5%, resulting in a reduction in market supply of goods. And the industry has been in a long-term loss making state, with a focus on maintaining market stability among suppliers. The supply of BDO is affected by favorable factors.
Cost wise, raw material calcium carbide: The domestic calcium carbide market has experienced an overall decline. The instability of downstream demand is the main reason for the downward trend in prices. The domestic methanol market is weak and volatile. As of 3:00 pm on April 18th, the domestic methanol Taicang price was 2415 yuan/ton. The prices of raw materials such as calcium carbide and methanol are running weakly, and the cost of BDO is affected by unfavorable factors.
On the demand side, most downstream industries have maintained low market conditions, with profit margins compressed and resistance to new cycle sales policies, resulting in poor order fulfillment. The demand side of BDO is affected by bearish factors.
Future forecast: The supply-demand game will continue, and market fluctuations may be limited. Business Society BDO analysts predict that the domestic BDO market will mainly focus on consolidation and observation.