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Inquire NowRead: 1582 Time:26months ago Source:
In September, the price of bisphenol A rose rapidly from the previous month. Especially this week, the bisphenol A market ushered in a long-lost sharp rise. In August, the bisphenol A market also rose all the way, and the price continued to rise, but the increase was between 100-200 yuan/ton, and the single-day increase of more than 200 yuan/ton was rare. However, bisphenol A rose sharply after September, especially in the past two days, with a single-day increase of more than 500 yuan/ton. As of this afternoon, the high-end quotation of bisphenol A market in East China was 15,000 yuan/ton, up 19,000 yuan/ton from the beginning of September, up 14.50% yuan; the high-end quotation of bisphenol A market in North China was 15,000 yuan/ton, up 19,000 yuan/ton from the beginning of September, up 14.50% yuan, and the market bullish sentiment was still strong. Analysis of the factors supporting the rise in the price of bisphenol A are: first, the spot circulation is tight, traders are unwilling to sell, the price is low;
supply side: an enterprise in east China has stopped repairing the 120,000-ton/year bisphenol A plant since August 20 and has not yet resumed. An enterprise in North China has stopped repairing the 150,000-ton/year bisphenol A plant since August 15. Although production resumed on September 15, its supporting facilities are 60,000 tons/year PC. At the same time, in order to resume single-line operation, manufacturers should ensure self-use and contract supply, and external sales are still limited. At the same time, due to the impact of typhoon weather, some port cargo was delayed to arrive at the port, resulting in insufficient import supply. To sum up, the spot circulation of bisphenol A market is tight, traders are unwilling to sell, and the mood is strong.
cost side: in the traditional peak season, the trend of raw material end phenol and acetone is also relatively strong, the market is mainly rising. As of this afternoon, the average price of phenol market has risen to 10894 yuan/ton, up 14.07% yuan/ton from the beginning of the month; the average price of acetone market has risen to 5642 yuan/ton, up to 1344 yuan/ton from the beginning of the month, up 775 yuan/ton, up 15.92% yuan. Taking East China as an example, the theoretical cost value of bisphenol A market has increased from 11518 yuan/ton in early September to 12881 yuan/ton now, and the cost has increased by 1363 yuan/ton.
demand side: downstream epoxy resin and downstream epoxy resin PC With the recovery of the market, the overall start-up load of the industry is relatively stable, bisphenol A demand is stable. Meanwhile, downstream inventory operations facilitated an improved trading climate during the early part of the month and the Mid-Autumn Festival. Next month, due to the National Day holiday, downstream enterprises also have inventory demand. Therefore, the market purchasing sentiment of downstream enterprises in September was significantly higher than that of the previous month, which was conducive to supporting the bisphenol A market.
To sum up, under the support of cost and supply and demand, the domestic bisphenol A market price has risen sharply. However, in the short term, the spot tension of bisphenol A is difficult to ease. The price of bisphenol A is expected to continue to rise tomorrow, with an average market price range of 15200-15500 yuan/ton.
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