According to the Commodity Market Analysis System of Shengyi Society, the domestic BDO market has fallen. From October 1st to 29th, BDO prices fell from 8400 yuan/ton to 7571 yuan/ton, with a price drop of 9.86% during the period and a year-on-year price drop of 7.34%.

The domestic BDO market continued to decline in September, mainly due to an increase in domestic BDO supply with average supply side support. Downstream demand has increased month on month, but supply and demand pressure still exists, which is bearish for the market mentality, and the overall market is weak and volatile.
Supply side: The supply of BDO industry has increased, but the supply side support is weak. The supply side of BDO is affected by negative factors.
On the cost side, raw material calcium carbide: There is still a narrow upward adjustment in the domestic calcium carbide market, with smooth shipments from production enterprises and tight supply. Recently, the market supply has recovered, and the early maintenance equipment has been gradually restored, and the production restrictions in Inner Mongolia have also been restored. Downstream procurement is active, and as the National Day holiday approaches, downstream stocking enthusiasm is high due to logistics pressure. Raw material methanol: The domestic methanol market continues to be weak. As of 10:00 am on September 29th, the reference price for domestic methanol in Taicang is 2260 yuan/ton. The rise in raw material calcium carbide market and the consolidation of methanol fluctuations have had a mixed impact on BDO costs.
On the demand side, the main downstream production of PTMEG, PBAT, TPU, etc. has increased, resulting in an increase in raw material digestion. The demand for BDO is expected to be influenced by favorable factors.
In the future market forecast, both supply and demand will increase, and BDO analysts from Shengyi Society predict that the domestic BDO market will mainly consolidate.