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Due to poor demand and the decline of upstream and downstream products in the industrial chain, there are many negative factors, and the domestic Bisphenol A Market has fallen sharply since the holiday. As of March 1, the mainstream price of bisphenol A in East China market fell 170 million to 16900 yuan, down 2100 yuan/ton, down more than 11%.
The downstream epoxy resin market negotiations were loose, and the performance was extremely deserted. The market fell significantly. The liquid resin negotiations in east China were at 26500-27500 yuan/ton. Another important thing is that the downstream PC operates with narrow fluctuations. As the weather gets warmer, the downstream demand is expected to increase.
At present, the 240,000 tons/year of phenol a plant in Lihuayi Weiyuan, Shandong province is subject to annual maintenance. The total maintenance time of the two units is 45 days, and the external supply of goods is affected; the 135,000 tons/year of phenol a line in Changchun has been stopped for maintenance on February 21, and the estimated parking time is about one month. Other factories have not changed much, under the support of the supply side, the probability of a sharp drop in the Bisphenol A Market is not large. It is expected that in March, the Bisphenol A Market will show an overall trend of falling first and then rising.
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