BDO weekly market report: BDO stop falling!

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Update time : 2023-06-07 08:55:11

BDO Research Institute reported that BDO's downward trend has slowed significantly in the past week and bottomed out yesterday.

Price changes and latest developments of other BDO upstream and downstream products are as follows:


1. BDO price quotation


The price


Installation


Industry Dynamics

Lanshan Tunhe settlement price in May: RMB12,100 / tonne in East China and RMB12,300 / tonne in South China; Listing price in June: RMB12,300 / tonne in East China and RMB12,500 / tonne in South China. Blue Mountain Tunhe announced May BDO settlement price and June listing price

The new open source PVP capacity overtook Ashland and BASF to become the largest supplier in the global PVP market. The new open source PVP capacity ranks first in the world

The first phase of the project will build devices with an annual output of 50,000 tons of maleic anhydride and 80,000 tons of synthetic ammonia and supporting public and auxiliary facilities of the project, and the second phase will build devices with an annual output of 50,000 tons of maleic anhydride, 90,000 tons of BDO and 60,000 tons of PBS and supporting public and auxiliary facilities of the project. Bohang's new material project has accelerated construction and is expected to be put into operation in June next year

Up to now, the key and difficult point of the project is to control "dressing and wearing hats", and the project has completed 3 sets of 45-meter ultra-high equipment, 12 sets of medium and large equipment from 20 meters to 30 meters, 6 sets of small equipment from 10 meters to 20 meters, and 4 sets of torches. The largest BDO project in southern Xinjiang has entered a new node


2. Upstream price of BDO


Calcium carbide on June 6 daily price of 2960 yuan/ton, 200 yuan/ton lower than last week;

Maleic anhydride quoted 5,958 yuan/ton, down 600 yuan/ton from last week.


3. Downstream price of BDO


THF-PTMEG-spandex


On June 6th, THF quoted RMB14,000 / tonne, unchanged from last week;

On June 6, PTMEG quoted RMB19,500 / tonne, unchanged from last week; Polyurethane (40D) quoted 31,000 yuan/ton, 500 yuan/ton lower than last week.


PBT

On June 6, PBT quoted 10,375 yuan/ton, down 200 yuan/ton from last week.


GBL-NMP

On June 6, the benchmark price of N-methyl pyrrolidone in the business association was 17766.67 yuan/ton, compared with the beginning of this month (18000.00 yuan/ton), down -1.30%.

Into June, NMP market trading atmosphere gradually strong. The moderation in the downside of BDO has curbed the price decline of NMPS to some extent.


PBAT/PBS

This week, trader PBAT mainstream quoted 1.20-13,800 yuan/ton, flat compared with last week.


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