This week, the domestic BDO market continued to decline, with sporadic small single trading. With the restart of some maintenance devices, the support of the market supply side weakened. The terminal demand continues to be light, and the enthusiasm for construction in many downstream industries is not high.

According to the sample data monitored by the business agency, from July 4 to 11, the domestic BDO market price fell from 19800 yuan / ton to 17880 yuan / ton, with a weekly price drop of 9.70%, a month on month price drop of 20.46%, and a year-on-year drop of 6.02%. In terms of market price, the mainstream negotiation of spot bulk water in East China is 16700-17300 yuan / ton; Barrel negotiation 19000-20000 yuan / ton (acceptance delivery); The mainstream negotiation of spot bulk water in South China is 17000-17300 yuan / ton; Barrel negotiation 19000-20000 yuan / ton (acceptance delivery).

In terms of upstream raw materials, raw calcium carbide: after the maintenance of Erdos chemical, the supply of commercial calcium carbide 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.

In terms of methanol, the supply of methanol is expected to increase, the marginal demand is weakened, and the short-term methanol market is mainly weak and declining. BDO cost side support weakened.

The downstream PTMEG spandex and gbl-nmp industrial chain, PBT and PBAT industries all fell sharply driven by weak terminal demand and downward raw material prices.

With the restart of the maintenance device, the supply will increase, while the overall operation of the downstream is low, the willingness to purchase is not strong, and the price of raw materials is seriously depressed. BDO analysts of business agency expect that the domestic BDO market will continue to decline.