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Since July, the price of BDO has taken off against the trend, rising by hundreds of yuan every day
.
Take the end of June as an example, when the price of BDO was 17,000 yuan, but it rose by 3,000 yuan in the following half month, that is, as high as 20,000 yuan, an increase of more than 17%
.
Affected by the rising cost of upstream raw materials, at the end of June and the beginning of July, four PBAT polymerization manufacturers have successively raised prices:
Blue Mountain Tunhe issued a global price adjustment notice on July 12, and the price of PBAT products will be increased by $150 (contract 969 yuan) on July 20
.
Domestically, Lanshan Tunhe raised the price by 1,200 yuan on July 8
.
The chain reaction of rising prices of upstream and downstream raw materials increases the cost of merchants and makes it difficult to do business
.
BDO is a typical petroleum-based chemical raw material.
The preparation of BDO in China is mainly based on the acetylene method
.
And according to the latest foreign news on July 27, 2021, Genomatica, a major leader in biosynthetic processes (bio-based BDO), has completed a $118 million Series C financing to accelerate the global commercialization and expansion of renewable materials, which is expected to annually Reduce 100 million tons of greenhouse gas emissions
.
Bio-based BDO is made from the sugars produced by the hydrolysis of starch, mainly through the fermentation of plant sugars to make BDO
.
