According to the Commodity Market Analysis System of Shengyi Society, the domestic BDO market is weakly consolidated. From October 1st to 31st, BDO prices fell from 7565 yuan/ton to 7437 yuan/ton, with a price drop of 0.38% during the period and a year-on-year price drop of 13.81%.

In October, the domestic BDO market was weak and consolidated, with some devices undergoing maintenance or reduced load operation, resulting in increased supply side support. Downstream demand has increased on a month on month basis, but losses in multiple downstream industries have led to negotiations on raw materials, and the market center of gravity is deadlocked under the supply-demand game.
Supply side: The supply of goods has decreased month on month, and there is some positive support from the supply side. The supply of BDO is affected by favorable factors.
In terms of cost, raw material calcium carbide: In terms of supply, the orderly use of electricity in Inner Mongolia has eased, and some maintenance facilities have gradually resumed, resulting in a significant increase in supply; Downstream maintenance has been gradually completed, and regional demand has recovered. However, some companies still face inventory pressure at present, and there have been instances of easing inventory accumulation when using electricity in an orderly manner, but the market sentiment is bearish. Raw material methanol: The domestic methanol market continues to be weak. As of 3:00 pm on October 31st, the reference price for domestic methanol in Taicang is 2150 yuan/ton. The raw material calcium carbide market is rising, while methanol is consolidating weakly, resulting in a mixed impact on BDO costs.
On the demand side, the overall production of downstream industries is still acceptable, but the amount of raw material digestion has increased. The BDO industry is showing a trend of supply reduction and demand increase, and the supply side has a strong intention to support the market. In the early stage of downstream raw material procurement, there is sufficient supply to continue digesting inventory or maintaining contract order follow-up; Under cost pressure, downstream spot purchases have weak intentions and are accompanied by bargaining, which suppresses the trend of raw materials. BDO demand is expected to be affected by negative factors.
Future forecast: Domestic BDO factories have stable production, abundant supply of goods, and average supply side support. However, downstream maintenance of essential needs may lead to increased inventory pressure, limiting the trend of raw materials. Business analyst BDO predicts that the domestic BDO market will operate weakly.