Texas (USA): During the first week of June, the Butanediol (BDO) market in the USA experienced a notable decline in prices amidst temporary slowdowns in key downstream industries. This decline, influenced by various factors impacting both supply and demand dynamics, marked a significant shift in the market landscape.
The price of Butanediol (BDO) in the USA witnessed a noteworthy decrease during the initial week of June, settling at USD x,xxx per metric ton (MT), FOB Texas, reflecting a reduction of USD xxx/MT or approximately xx compared to the previous week. This downturn was indicative of a broader trend affecting the industry, characterized by subdued market sentiment and demand fluctuations.
The decline in BDO prices was attributed to a temporary slowdown observed in key downstream industries reliant on BDO, such as high-performance polyester (PTT) and polyurethane resin production. Manufacturers in these sectors reduced output...
