The global x,x-Butanediol (BDO) market is currently making some waves during this month, with a combination of stable prices, healthy demand, and supply challenges generating activity in key markets. While all raw materials, including BDO&#xx;s vertically linked-butadiene and propylene have seen some easing in some markets, BDO&#xx;s price dynamics continue to be declared "suitable" - this is potentially due to shrinking supply/demand extends across downstream disciplines ranging from textiles, plastics and spandex.
Even with lower feedstock costs in China, the BDO pricing is moving higher, propelled by strong demand coming from PBT, PTMEG (spandex), and biodegradable plastics. Producers have relied on maintenance schedules and inventory strategies to manage supply and hold prices high, especially as regions held milder oversupply.
There is bearish sentiment within South Korea&#xx;s BDO market, which has weak downstream demand, as well as...
