BDO market enters “cooling off period”

In the BDO market continues to rise, “at a glance of the mountains” after the recent domestic BDO market into a “cooling off period.”. According to the sample data monitored by the business association, as of March 15, the average price of domestic BDO producers was 31150 yuan / ton, up 82.55% month on month and 218.90% year on year. In terms of market price, the mainstream price in East China market is 29000-30800 yuan / ton.

 

This week, the domestic BDO market fell slightly, with more news about the release of upstream and downstream devices, increased market wait-and-see sentiment, and weak real order trading. The bidding price of Yanchang oil has gradually declined, the view of the middle and lower reaches on the future market is short, and the enthusiasm to enter the market has weakened. The game between the supplier and the demander continued, and some profit makers were negotiating with a narrow margin, and the focus of the negotiation fell.

 

In terms of units, Dongyuan’s 100000 ton unit load is about 90%, and the catalyst is planned to be replaced in April. Due to the shortage of raw materials, the load of Panjin Dalian was reduced to 50%. The operation of Yanchang oil plant is unstable, and the load is about 30-40%, which is suspended due to unstable hydrogenation. Shaanxi Ronghe plans to restart on March 20. Tianye plans to restart a 60000 ton plant in late March. Great wall energy is scheduled to be overhauled in April, but the time is uncertain. Shaanxi Chemical Co., Ltd. plans to replace the catalyst in April, but the time is uncertain. Xinye plans to replace the catalyst in mid and late March.

 

In order to maintain the reasonable and healthy development of the whole industrial chain, it is necessary for BDO market to return to rationality. BDO business analysts expect that the domestic BDO market in the short term high volatility.

povidone Iodine

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