Welcome to the CHEMWIN

customer service

Help Center :

FAQ Reference Guide

Customer Service :

Trading Time : 09:30-17:00 GMT+8

Customer Service line : +86 400-8620-777

(09:30-18:00 GMT+8)

Inquire Now
All Categories

[Industry Focus]:Bisphenol A market back to the million mark, the future trend is full of variables

There are only a handful of working days left in November. At the end of the month, under the support of tight supply in the domestic market of bisphenol A, the price returned to the 10,000 yuan mark. As of today, the East China market bisphenol A Price pushed up to 10100 yuan/ton, after the price fell below the 10,000 yuan mark at the beginning of the month, it finally returned to more than 10,000 yuan at the end of the month. Looking back on the trend of bisphenol A market this month, the price shows ups and downs and changes.

双酚A市场价格.jpg


In the first half of this month, the market price center of gravity of bisphenol A moved down. The main reason is that the upstream raw material end phenol ketone prices continue to fall, the cost end of the bisphenol A market support decline. At the same time, the prices of epoxy resin and PC, two downstream products, are also falling, resulting in insufficient support for the entire bisphenol A industry chain, sluggish transactions, poor sales of cargo holders, increased inventory pressure, downward quotations, and market sentiment. Affected.

In the middle and late of the month, the market price center of bisphenol A gradually rebounded. On the one hand, the price of upstream raw material phenol ketone rebounded, the industry lost more than 1000 yuan, the supplier cost pressure is greater, the price sentiment gradually increased. On the other hand, the domestic device shutdown operation increased, the supply side in stock pressure decreased, active price operation. At the same time, there is a certain rigid demand downstream, and low-cost sources of goods are difficult to find, so the focus of negotiations gradually moved up.

Although the theoretical cost value of the domestic bisphenol A industry this month is 790 yuan/ton lower than the previous month, the average monthly theoretical cost is 10679 yuan/ton. However, the bisphenol A industry still lost nearly 1000 yuan. As of today, the theoretical gross profit of the bisphenol A industry is -924 yuan/ton, a slight increase of only 2 yuan/ton from last month. The supplier bears obvious losses, so the start adjustment is frequent. A number of units were unplanned to stop during the month, lowering the overall operating load of the industry. According to statistics, the average operating rate of the bisphenol A industry this month was 63.55 percent, down 10.51 percent from the previous month. Beijing, Zhejiang, Jiangsu, Lianyungang, Guangxi, Hebei, Shandong and other places have device parking operation.

From the downstream point of view, the epoxy resin and PC market is weak, and the price center of gravity is weakening as a whole. PC device parking operation increased, the rigid demand for bisphenol A reduction. The order receiving situation of epoxy resin enterprises is not ideal, the industry starts to maintain at a low level, and the purchase of raw material bisphenol A is relatively restrained, mainly due to the need to follow up on the price. The epoxy industry's operating load this month was 46.9 per cent, up 1.91 per cent from the previous month, while the PC industry's operating load was 61.69 per cent, down 8.92 per cent from the previous month.

At the end of November, the market price of bisphenol A returned to the ten thousand yuan mark. However, in the face of the current situation of losses and weak downstream demand, the market is still facing greater pressure. The future trend of bisphenol A market will still need to pay attention to the raw material side, supply and demand side and market sentiment and other factors.

  • 化易天下咨询

    Quick Response

    Customer service is available 24/7 for extremely fast response

  • 化易天下销售

    Exclusive Services

    Dedicated consultant 1 to 1 service

  • 化工品交易市场

    Massive Resources

    Connecting resources upstream and downstream

  • B2B化工交易

    Technology Advanced

    Technology Information Service

  • 化工贸易金融服务

    Transaction Security

    Merchant authentication and risk control model

  • 化工仓储服务平台

    One-stop service

    Trading logistics warehouse-style services