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[Industry Focus]：The decline in the bisphenol A market continued to expand, while the epichlorohydrin market rose slightly.

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Bisphenol A Market in

prices: The decline in the bisphenol A market continued to expand last week: As of December 2, the reference price of bisphenol A in East China was 10600 yuan/ton, down 700 yuan from the previous week.
bisphenol A raw material phenol ketone prices continue to weaken, the cost end of the support weakened, the end of the December contract cycle began, the downstream to consume contracts mainly, the spot market is more depressed, manufacturers shipped poor, negotiated prices gradually fell. During the week, Zhejiang Petrochemical's two auctions ended in one round. The auction price fell by 600-700 yuan/ton, setting the tone for the bisphenol A market last week. Therefore, the price of bisphenol A fell below the support level of 11000 yuan/ton last week and continued to decline.

raw materials in

: Last week, the phenol ketone market fell slightly: acetone's latest reference price was 5650 yuan/ton, down 550 yuan from the previous week; Phenol's latest reference price was 8050 yuan/ton, down 350 yuan from the previous week.

device situation: South Asia Ningbo device restart, Covestro two lines and PC production line synchronous maintenance, Hainan Huasheng single-line operation. The overall operating rate of the industry device is about 70%.

epichlorohydrin market:
prices in
: the epichlorohydrin market continued to rise slightly last week: as of December 2, the reference price of epichlorohydrin in east China market was 8600 yuan/ton, up 200 yuan from the previous week.

epichlorohydrin is currently pushed up mainly by the supply side and cost. Supply end: a number of domestic epoxy chloropropane factories in the parking state, the overall operating rate of the industry is low. At the beginning of the week in Haixing, Jiangsu Province, due to equipment reasons, the load of the plant was reduced to the median level, and then the price of Haixing rose by 200 yuan to more than 8500 yuan/ton, further helping to boost the market atmosphere. However, the downstream epoxy resin market is still sluggish, the purchase of raw materials is insufficient, the rise of epoxy chloropropane is still lack of downstream support, the increase is limited and not durable. Raw materials: the price of ECH main raw materials for the two routes has not changed much during the week: the latest reference price of propylene is 7200 yuan/ton; The latest reference price of 99.5 glycerol in East China is 4900 yuan/ton, which is basically the same as the previous week.

device situation: Yihai Kerry, Shandong Sanyue, Ningbo Zhenyang, Hebei Zhuotai, Hebei Jiaao device is in a parking state.
Epoxy Resin Market in
: Prices of

: Last week, the domestic epoxy resin market continued to decline: as of December 2, the reference price of liquid epoxy resin in East China was 15300 yuan/ton and that of solid epoxy resin was 14700 yuan/ton, down about 500 yuan/ton from the previous week.

phenolic ketone prices weakened, Zhejiang Petrochemical auction prices plummeted and many other negative factors, last week the bisphenol A market broke down, the decline continued, there is a trend towards the "4-digit" decline. A number of factories stopped production or reduced negative, the industry's overall operating rate is low to help boost market sentiment, last week the epoxy chloropropane market continued to push up in a narrow range, but the overall increase is still very limited.

the
cost side of the weakening, epoxy resin market by bisphenol A down negative factors, coupled with the downstream consumption of the downturn, liquid and solid epoxy resin prices to 100-200 yuan per day rate continued to fall, last week liquid epoxy resin low prices have fallen to "14" beginning.

on the morning of December 5,

, the bisphenol A market continued to decline, and the reference price of the East China market was 10400 yuan/ton; the epichlorohydrin market was insufficient, and the price fell slightly. The latest reference price in East China was 8500-8600 yuan/Ton. The mainstream market prices of the two types of epoxy resins continued to fall by about 200 yuan/ton.

device: the overall operating rate of liquid resin is 6-7 percent, and the overall operating rate of solid resin is 4-5 percent.

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