From August 21st to 28th, the domestic BDO price increased from 7900 yuan/ton to 8091 yuan/ton, with a price cycle increase of 2.43%, a month on month increase of 3.96%, and a year-on-year increase of 6.87%. The capacity utilization rate of the BDO industry remains low, the supply of goods is tight, and online auctions result in high transaction volumes, leading to a strong market sentiment among holding manufacturers. The overall downstream production is stable, contract orders are being followed up, and some spot stocks are being replenished at high levels, driving the market center of gravity to fluctuate upward.

In terms of supply and equipment, the supply volume has increased. The favorable supply side of BDO has weakened its impact.
On the cost side, in terms of calcium carbide, the rise in raw materials has led to a strengthening of cost support, but the downstream continues to be sluggish, and there is a resistance to the continued upward trend in prices. In terms of methanol, the price of methanol tends to rise strongly. The prices of raw materials such as calcium carbide and methanol are rising, and the cost of BDO is influenced by favorable factors.
On the demand side, downstream production of PTMEG, PBT, GBL, and PU slurry has increased, resulting in an increase in demand. The demand for BDO is influenced by favorable factors.
In the future market forecast, the supply-demand game is intensifying, and the BDO market is gradually entering a post rise stalemate stage. The maintenance and restart of the equipment are both in place, and the supply of goods will increase. The support from the supply side will weaken. Overall, analysts predict that the BDO market will consolidate and operate in a wait-and-see manner.