This week, the domestic BDO market continued to decline. According to the sample data monitored by the business community, as of April 16, the average producer price of domestic BDO was 29375 yuan / ton, with a month on month decrease of 5.62% and a year-on-year increase of 205.99%. In terms of market price, the mainstream negotiation of spot bulk water in South China is 27300-28000 yuan / ton. The mainstream negotiation of bulk water in East China is 27300-28000 yuan / ton.

This week, after the financial and restart, the two sets of units, Tunhe, have been replaced and the catalyst has been restarted. The operation of other units is stable, and the market supply has increased. In addition, Xinjiang Tianye is expected to produce products in the latter ten days, and the supply side has no support for the time being. The downstream plant, Hangzhou Sanlong, is still under maintenance. Yizheng Chemical fiber, Fujian Meizhouwan and Zhejiang Meiyuan have carried out maintenance one after another this week. Xiaoxing chemical also has maintenance expectations. The burden of other downstream industries is slightly low, and there is no good support from the demand side.

In terms of units, Xinjiang Tianye’s 60000 T / a unit will restart and its capacity is expected to be released in late April; Shaanxi black cat’s 60000 T / a unit plans to replace the catalyst at the end of the month; great wall energy’s 200000 t / a unit plans to replace the catalyst this month; Henan Kaixiang’s 110000 T / a unit is expected to have minor inspection due to boiler problems.

Next week, the supply and demand side of the domestic BDO market is still lack of positive support. The air atmosphere on the floor is strong, and the downstream maintains contract procurement. BDO business analysts expect that the domestic BDO market is in a downturn in the short term.