According to the Commodity Market Analysis System of Shengyi Society, from November 17th to 21st, the domestic BDO price remained at 7442 yuan/ton, with a month on month decrease of 0.31% and a year-on-year decrease of 15.42%. The domestic BDO market is mainly wait-and-see, and with the settlement cycle approaching, many businesses are waiting for the new moon policy, resulting in a light trading atmosphere for actual orders. The fluctuations on both the supply and demand sides are limited, the negotiation game continues, and the overall market is deadlocked.

In terms of supply and equipment, some devices experience narrow fluctuations, while others operate relatively stably. The market supply of goods has slightly decreased compared to the previous period, but it is still relatively abundant, and the supply side support is currently average. The favorable factors for BDO supply have weakened.
On the cost side, raw material calcium carbide: production enterprises have smooth shipments, strong cost support, and a strong willingness to raise prices for calcium carbide. Raw material methanol: The domestic methanol market is weak and consolidating. As of 10:00 am on November 21, the reference price for domestic methanol in Taicang is 1995 yuan/ton. The prices of raw materials such as calcium carbide and methanol are relatively weak, and the cost of BDO is affected by negative factors.
On the demand side, except for the decline in production in the PBT industry, there has been no significant change in the load of other industries downstream, and the overall downstream digestion of raw materials has decreased. The demand side of BDO is affected by bearish factors.
In the future forecast, the supply side will experience a slight increase in supply volume due to the slight increase in negative operation of some devices. Downstream industry demand has slightly decreased, with multi-dimensional contract orders being followed up, and spot purchases being light and negotiated. Business analyst BDO predicts that the domestic BDO market has limited volatility.