The increase of BDO plants’ operating rate was limited

The increase of BDO plants’ operating rate was limited. On one hand, BDO plants were not very willing to ramp up run rate under losses. Some plants have not restarted production temporarily. Price of BDO started bottoming out from Dec but BDO plants were still under deficit. On the other hand, the operating rate of some plants was low due to the energy supply and unit issue.