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[Industry Focus]：Market Trend Analysis of Bisphenol A: Upward Power and Downstream Demand Game

Read： 735 Time：8months ago Source：化工孵化、化易天下

1. Market Upward Dynamics Analysis

since April, the domestic bisphenol A the market showed a clear upward trend. This trend is mainly supported by the higher prices of double raw materials phenol and acetone. The mainstream offer price in East China has risen to around 9500 yuan/ton. At the same time, the continued high operation of crude oil prices also provides an upward space for the bisphenol A market. In this context, the bisphenol A market has shown a warming trend.

2. production load drop and plant maintenance impact

recently, the domestic bisphenol A production load has declined, and the manufacturer's quotation has also risen. From the end of March to early April, the number of domestic bisphenol A plant parking maintenance increased, resulting in a phased shortage of market supply. In addition, as domestic factories are still in a state of loss, the operating rate of the industry has dropped to about 60%, reaching a new low in half a year. As of April 12, the production capacity of parking devices was nearly one million tons, accounting for about 20% of the total domestic production capacity. These factors have combined to drive up the price of bisphenol A.

3. downstream demand downturn constrains gains

although the bisphenol A market shows an upward trend, the continued downturn in downstream demand has restricted its increase. Bisphenol A is mainly used in the production of epoxy resin and polycarbonate (PC), which account for almost 95% of the total production capacity of these two downstream industries. However, the recent downstream PC market wait-and-see sentiment is strong, the device or will focus on maintenance, the market only rose slightly. At the same time, the epoxy resin market is also weak, due to the overall terminal demand downturn, and epoxy resin device operating rate is low, it is difficult to follow the rise of bisphenol A. Therefore, the overall demand for bisphenol A in downstream products has shrunk, which has become the main factor restricting its growth.

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Current Situation and Challenges of Bisphenol A Industry in China in 4.

Since 2010, China's bisphenol A production capacity has increased rapidly and has become the world's largest producer and supplier of bisphenol A. However, with the expansion of production capacity, the dilemma of downstream application concentration has become increasingly prominent. At present, the bulk of basic chemical raw materials and low-end chemical products are generally in a state of surplus or serious surplus. Although the potential of domestic consumer demand is huge, how to stimulate the potential of consumption upgrading and promote the innovation and development of the industry is a major challenge for the bisphenol A industry.

5. Future Trends and Opportunities

in order to get out of the dilemma of application concentration, the bisphenol A industry needs to increase the development and production of downstream products such as flame retardants and polyetherimide PEI new materials. Through technological innovation and product development, the application field of bisphenol A is expanded and its market competitiveness is improved. At the same time, the industry also needs to pay attention to changes in market demand and adjust production strategies to adapt to market changes.

In summary, although the bisphenol A market is supported by higher raw material prices and tight supply, the sluggish downstream demand is still a key factor restricting its growth. In the future, with the expansion of production capacity and the expansion of downstream applications, the bisphenol A industry will face new development opportunities and challenges. The industry needs to constantly innovate and adjust strategies to adapt to market changes and achieve sustainable development.

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