BDO’s rising market is out of control

This round of domestic BD rising market can be described as “out of control”. According to the sample data monitored by the business association, as of March 1, the average price of domestic BDO producers was 31750 yuan / ton, with a month on month increase of 133.46% and a year-on-year increase of 228%. The quotation of production enterprises continued to rise, and the market follow-up sentiment was high. In a short period of time, the BDO market rose sharply.

 

The domestic BDO market continues to rise. Some enterprises’ quotation continued to rise, and the transaction price of individual bidding enterprises was high. The main reason for this price rise is still the shortage of goods. “Goods in hand” has become a popular topic for a while. Even if the price is a little higher, the transaction can still be concluded, but the trading volume is generally low. Most of the production enterprises maintain long-term contract customers, basically no external sales. Xinye stopped for a short time due to hydrogen problem, Dongyuan replaced the catalyst on February 20-26, and Panjin Dalian was short of raw materials, resulting in the load dropping to 50-60%. The market supply side was supported by favorable conditions, and the supplier’s intention to support the market remained unchanged. At present, the lower reaches of the general normal start-up, demand goods actively, BDO market eventually broke years of “Silence” situation, “soaring.”.

 

For the unit, Dongyuan 100000 ton unit was shut down from February 20 to 26 to replace the catalyst. Due to the shortage of raw materials, the load of Panjin Dalian was reduced to 50%; the Yanchang oil plant was unstable, and the load was about 50%; the black cat has been restarted, and the load was about 50%; one set of great wall energy plant was stable, and the other set was still under maintenance; the Xinye plant was shut down due to hydrogen problem on February 14 to February 21.

 

The current factory strong offer, tight supply situation continues. BDO business analysts expect that the domestic BDO market in the short term high volatility.

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