China BDO market to gain further support from tight supply

摘要

SINGAPORE (ICIS)--China’s butanediol (BDO) prices saw a long-awaited rally in August on tightening supply after over a month of narrow fluctuations,and this may sustain in the short term.The supply tightness is mainly in Xinjiang,where multiple plants are either running at low rates or under maintenance shutdowns.This has tightened spot supply and affected deliveries of contractual cargoes in Xinjiang.