The domestic BDO price has hit the highest price of 25,000 yuan/ton since the beginning of May in 2007, and it has started to callback, and it has dropped to around 20,000 yuan in June. However, since late June, BDO prices have risen sharply, and in July it has remained stable and rising.
Chang Yuzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that due to the off-season demand for BDO, the downstream market is relatively depressed, and the reason for the recent price increase is mainly due to the supply side of the market. Now that some BDO manufacturers stop production and inspections, the supply of BDO is greatly reduced, and there is a certain supply and demand gap in the domestic BDO market. It is expected that in July this year, domestic BDO prices will rise steadily.
Chang Zhizhi pointed out that the sole manufacturers of soles are now affected by factors such as credit tightening and *** appreciation. Market conditions are relatively flat, the actual number of orders is limited, and the operating rate of enterprises is not high. Moreover, spandex producers are now mostly pursuing on-demand purchases due to weak terminal conditions. Therefore, BDO's market demand is limited and it has little positive impact on current BDO price increases. According to the relevant data, the current average operating rate of sole fluid manufacturers is approximately 6-7 percent.
On the market supply side of BDO, BASF Ludwig Materials Plant and Taiwan Plant have announced production suspensions, of which the Ludwig Plant will not resume supply of raw materials until the end of July; domestic Sichuan Tianhua 25,000-ton BDO plant due to insufficient natural gas supply Parking; Xinjiang Mike's 60,000-ton BDO plant was declared overhauled and planned to restart at the end of the month; Yunnan Yunwei and Shandong Jiatai, with a total of approximately 38,000 tons of installed equipment, were unstable.
The "Investment Analysis and Forecast Report of China's Basic Organic Chemicals Industry in 2011-2015" issued by China Investment Advisors shows that BDO is also known as 1,4-butanediol, and the raw materials for production are mainly crude benzene, maleic anhydride, coke oven gas, etc. At present, it is mainly used for the production of PBT engineering plastics and fibers, tetrahydrofuran, γ-butyrolactone, polyurethane artificial leather, polyurethane elastomer, polyurethane sole glue and Other products.
Chang Yuzhi, a researcher in the chemical industry of China Investment Advisors, pointed out that due to the off-season demand for BDO, the downstream market is relatively depressed, and the reason for the recent price increase is mainly due to the supply side of the market. Now that some BDO manufacturers stop production and inspections, the supply of BDO is greatly reduced, and there is a certain supply and demand gap in the domestic BDO market. It is expected that in July this year, domestic BDO prices will rise steadily.
Chang Zhizhi pointed out that the sole manufacturers of soles are now affected by factors such as credit tightening and *** appreciation. Market conditions are relatively flat, the actual number of orders is limited, and the operating rate of enterprises is not high. Moreover, spandex producers are now mostly pursuing on-demand purchases due to weak terminal conditions. Therefore, BDO's market demand is limited and it has little positive impact on current BDO price increases. According to the relevant data, the current average operating rate of sole fluid manufacturers is approximately 6-7 percent.
On the market supply side of BDO, BASF Ludwig Materials Plant and Taiwan Plant have announced production suspensions, of which the Ludwig Plant will not resume supply of raw materials until the end of July; domestic Sichuan Tianhua 25,000-ton BDO plant due to insufficient natural gas supply Parking; Xinjiang Mike's 60,000-ton BDO plant was declared overhauled and planned to restart at the end of the month; Yunnan Yunwei and Shandong Jiatai, with a total of approximately 38,000 tons of installed equipment, were unstable.
The "Investment Analysis and Forecast Report of China's Basic Organic Chemicals Industry in 2011-2015" issued by China Investment Advisors shows that BDO is also known as 1,4-butanediol, and the raw materials for production are mainly crude benzene, maleic anhydride, coke oven gas, etc. At present, it is mainly used for the production of PBT engineering plastics and fibers, tetrahydrofuran, γ-butyrolactone, polyurethane artificial leather, polyurethane elastomer, polyurethane sole glue and Other products.
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