This week, the domestic BDO market fell significantly, and the market focus continued to decline. The main reason for the decline of the price market is the continuous intensification of the contradiction between supply and demand. Manufacturers and mainstream traders mostly sell goods at a profit. However, demand continues to be light, the operating rate of downstream industries is generally low, the enthusiasm for purchasing raw materials has declined, and the BDO market price has fallen again and again.

According to the sample data monitored by the business agency, from June 27 to July 1, the domestic BDO market price fell from 21300 yuan / ton to 20200 yuan / ton, with a weekly price drop of 5.16%, a month on month price drop of 9.50%, and a year-on-year increase of 16.59%. In terms of market price, the mainstream of spot apron in East China negotiated 19500-19500 yuan / ton; The mainstream negotiation of spot bulk water in South China is 19500-19700 yuan / ton.

In terms of upstream raw materials, raw calcium carbide: with the reduction of external sales of supporting calcium carbide and the recovery of demand, the rebound sign of calcium carbide is expected to become more obvious. In the short term, the domestic calcium carbide market is stable and small, and the supply-demand game is strengthened.

In terms of methanol, the demand adjustment is limited, the production cost of methanol changes little, the port inventory is strong, if the supply margin weakens, the expectation is fulfilled, and the crude oil is strong, the domestic methanol market may rise tentatively in the short term. BDO cost side support weakened.

Downstream ptme plant – Henan plans to restart another set of PTMEG device in July, but Xiaoxing Jiaxing device has negative expectations in July, and the overall opening is slightly lower; The start-up of PBT industry increased slightly; The demand of gbl-nmp industrial chain has no obvious rise temporarily, and the commencement changes little; The load of downstream TPU and Pu pulp changes little, and small orders are mainly needed; The start-up of PBAT industry fell to 10%, and the production was slow under the cost of new capacity and sales pressure. On the whole, the short-term BDO demand has little change.

The supply side inventory is expected to increase, while some major factories in the downstream industry plan to reduce negative production. The imbalance between supply and demand continued, with major production enterprises mainly selling goods at a profit. BDO analysts of business agency predict that the domestic BDO market may still decline.