The Asian and European butanediol (BDO) markets have faced demand weakness throughout 2023 across downstream sectors, and while there is little sign of that changing in the near future given the macroeconomic conditions, new capacities in China are adding yet more uncertainty for market players.
- Demand to stay limited for remainder of 2023 and into Q1 2024
- Increasing supply from China weighing on pricing trends
- More Chinese producers looking to export outlet, putting additional pressure on Europe, which is already seemingly in the "red-zone"
In this podcast, ICIS editors Corey Chew and Yashas Mudumbai discuss the outlook for BDO in both Asia and Europe.
ICIS - chemical podcasts