China's Falling BDO Market in the Second Half of 2017
2018-01-04    [Source:PUdaily]
In the first half of 2017, the BDO price as a whole was on a upward trajectory. But from June to August, a period of traditional off season, the price saw a falling trend, with the supply exceeding the demand. And despite the widespread shutdown of manufacturers’ facilities for maintenance, the price was still falling. The price stopped declining and remained stable in December. However, manufacturers have difficulty raising the price due to downstream resistance, only resulting in limited rise in actual transaction price. How the supply and demand will change in the first quarter of 2018 remains to be seen...
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