August 17th News
On August 17, 2026, the BDO market in China showed a strong fluctuation, with no change in the three average differences, and prices were in a narrow range. From the supply side, Shaanxi Heimao plans to undergo maintenance for 45 days starting on August 20, and Yanchang Petroleum's facility is replacing catalysts with no spot offers, leading to expectations of supply contraction, which supports the market. Additionally, on August 14, the BDO market price in China saw a slight increase compared to August 13, and the bidding price of Inner Mongolia Sanwei was higher than the starting price, indicating some market support. However, there is currently no significant increase in downstream demand, so the recent price trend is showing a strong fluctuation.
1. Average Difference Variation Table
2. Signal Status Judgment
Fluctuation (narrow range consolidation, with a slight upward bias). The three averages remained unchanged from the previous day, and there was no clear direction for price increases or decreases. However, considering the market supply and demand data, prices are supported, and overall, the trend shows a slight upward bias in consolidation.
3. Trend Direction Conclusion
Price trend is moderately strong with fluctuations. Reason: The mean deviation indicator shows no change in the three mean deviation values, and prices are currently trading in a narrow consolidation range. On the supply side, Shaanxi Heimao’s 60,000-ton/year BDO plant is scheduled for a 45-day maintenance starting August 20, and Changqing Petroleum’s 100,000-ton BDO plant, which is undergoing catalyst replacement, has yet to release any spot quotes. These supply-contracting expectations are supporting the market. Meanwhile, on August 14, China’s BDO market prices saw a slight increase compared to the previous day, and Inner Mongolia Sanwei’s auctioned transaction price exceeded the initial bidding price, indicating that market support remains solid. However, downstream demand has not yet shown any significant increase in volume. Therefore, prices are expected to continue fluctuating with a generally strong tendency in the near term.
4. Positional Spatial Reference
60-day cycle price is at a medium-low level, 3-month cycle price is at a low level, and 1-year cycle price is at a medium-low level. The low level feature indicates limited downward space, and the medium-low level provides some support to the price, making a significant short-term decline less likely and providing room for a phased rebound.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
