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The global x,x-Butanediol (BDO) market remained largely constant in early May xxxx as industry participants evaluated the effects of shifting feedstock pricing and changing geopolitical events. Downstream demand from industries such as spandex, thermoplastic polyurethanes (TPU), and polybutylene terephthalate (PBT) continues to provide vital support for BDO consumption in spite of external uncertainty. Despite changes in regional trade patterns and cost structures, these industries continue to be crucial pillars of market sentiment.
FOB Qingdao BDO prices in China increased by x.xx to USD x,xxx/tonne, mostly due to the downstream spandex and TPU segmentsx; excellent performance. For BDO producers, the cost environment was neutral to positive due to the stability of butadiene prices and a slight decline in domestic propylene prices, which was ascribed to a decline in demand from the polypropylene industry. Brazil, India, and Southeast Asian...
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