The BDO Market is Cooling
2018-11-01    [Source:PUdaily]
share:
PUdaily, Shanghai--Presently, in east China’s spot market for BDO, goods are mostly sold at discounted price through negotiation with orders confirmed. Most of the dealers have strong willingness to hold price at the current level. Bearish on the market, downstream manufacturers only make purchase to meet their rigid demands. Thus, the overall demands continue to be weak, and the actual transactions are limited. The reference price of BDO in east China stands at RMB 10,400-10,700/ton DEL in bulk by bank draft payment. According to the data from PUdaily, the current BDO cost in China is RMB 11,180/ton, and the profit is RMB -600/ton. This is mainly because the dealers stocked excess inventories previously and downstream demands are weaker than last year. ..
* This article is available to PUdaily subscribers only, please log in to view the full content. Thank you!
Already Have ID for Subscription
ID (E-mail):
Password:
Forgot You Password?

Copyright Statement: 2005-2018 Suntower Consulting Limited. All Rights Reserved. The material including but not limited to text, photo, multimedia information, etc on this site may not be reproduced, modified or used in any form without the original author or copyright holder's permission. PUdaily is a member of Suntower Consulting Limited.

Any questions please contact at email: Lucy.tang@pudaily.com; Tel: 021-61250980

Disclaimer: This information published in this website is only for reference and no responsibilities or liabilities will be accepted by PUdaily for commercial decisions claimed to have been based on information.

About Us  |  Feedback  |  Clients  |  Contact
Tel: 0086-21-61250980 E-mail: info@pudaily.com Fax: 0086-21-61159277
© 2007 Suntower Consulting Limited.  All Rights Reserved  沪ICP备07503201号 gs沪公网安备31011202002186号