From August 28th to September 4th, the domestic BDO price rose from 8091 yuan/ton to 8375 yuan/ton, with a price cycle increase of 3.50%, a month on month increase of 7.60%, and a year-on-year increase of 11.03%. The BDO market is strong and rising, with industry load remaining low. Transportation in Xinjiang is limited, and the supply of goods is tight. The mentality of holding goods manufacturers to support the market continues. The overall production of downstream industries has increased, the amount of raw material digestion has increased, the industry has effectively reduced inventory, and the market focus has been stimulated to continue to rise.
On the supply side, the overall capacity utilization rate of the industry has improved, but it is still relatively low, and the supply of goods is relatively average. The favorable supply side of BDO has weakened its impact.
On the cost side, in terms of calcium carbide, the price of raw material blue charcoal continues to rise, with strengthened cost support and tight supply. Calcium carbide enterprises are actively purchasing. In terms of methanol, the price of methanol tends to rise strongly. The prices of raw materials such as calcium carbide and methanol are rising, and the cost of BDO is influenced by favorable factors.
On the demand side, downstream production of PTMEG and PBT has increased, leading to an increase in demand. The demand for BDO is influenced by favorable factors.
In the future forecast, demand exceeds supply and the industry is still in a state of destocking, supporting the mentality of holding manufacturers to support the market. The market focus is expected to continue to rise. Overall, analysts predict that the BDO market may continue to operate strongly.
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