In April xxxx, the global butanediol (BDO) market is experiencing a rollercoaster, with prices fluctuating in various ways across different areas due to a trade war driven by tariffs, economic pressures, and falling crude oil benchmarks. BDO that is necessary for plastics, solvents, and spandex is dealing with a perfect storm of supply-demand imbalances and changing production tactics from Asia to Europe and North America.
APAC: India Holds Strong, China and Korea Take a Hit
BDO prices in India are rising x.xx to USD xxxx/MT (Ex-Mumbai), bucking the global downturn. Indian producers now have the power to raise prices due to tighter imports and steady demand from domestic sectors. The Indian market appears to be stable, at least for the time being, despite the looming global tensions.
China, which used to drive demand, is now losing ground. BDO prices fell xx...
