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[Industry Focus]：Bisphenol A Market Watch: Limited Upstream Fluctuations, Weak Downstream Demand

Read： 263 Time：3months ago Source：Longzhong Information

1. Market Overview

last Friday at home. Bisphenol A Price maintain a light and stable situation, the market trading activity is low. As the main trading area of bisphenol A in East China, the mainstream negotiation price is stable between 9850-10050 yuan/ton, with no obvious fluctuation compared with the previous trading day.

双酚A市场走势.jpg

Market Analysis of 2. Raw Materials

1. Phenol: On Friday, the domestic phenol market atmosphere was also slightly weak. The negotiated price of phenol in East China is around 8250 yuan/ton. The shippers generally adopt the strategy of stable price shipment, but the purchase intention of end users is not high, especially the market participation in the afternoon period has decreased, resulting in insufficient follow-up of transactions.

2. Acetone: The acetone market is showing a trend of shock finishing. The negotiation price of acetone in East China is between 6600 yuan and 6650 yuan/ton. The operators have a strong wait-and-see mood. Most of the cargo holders choose to quote the price. However, the end-user's buying interest is general, and the follow-up of the just-needed delivery is limited. The market center of gravity is slightly deadlocked.

3. production and marketing dynamics

1. Manufacturers: Bisphenol A manufacturers are busy delivering contracts or orders signed in the early stage, and the transaction situation in the in stock market is not ideal. This reflects that the current market supply is relatively sufficient, but the actual demand has not increased significantly.

2. Intermediaries: Intermediaries in the market performance is more cautious, more to take the strategy of following the market to quote and trade. However, due to insufficient downstream demand, middlemen's shipments are also poor.

4. downstream market demand

1. Epoxy resin: The epoxy resin market showed a weak finishing trend on Friday. Affected by weak downstream demand, epoxy resin manufacturers shipped under pressure, some manufacturers had to make profits to stimulate sales. However, the actual single delivery volume is still insufficient, the market atmosphere is relatively cold.

2.PC (polycarbonate):PC market performance is also depressed, low price fluctuations in a narrow range. Most domestic PC factories have no latest factory price adjustment dynamics, and some manufacturers even cut prices to cope with market pressure. In the in stock market, East China and South China are showing a weak shock situation, downstream users of the active inquiry and procurement willingness is low.

5. market forecast

bisphenol A market or will continue to maintain a narrow range of fluctuations. On the one hand, with the successive start of domestic bisphenol A production facilities and the gradual release of production capacity, the market supply pressure will increase; on the other hand, the demand growth momentum of downstream epoxy resin and PC industries is still insufficient, and it is difficult for bisphenol A The market forms effective support. Therefore, in the case of no significant improvement at both ends of supply and demand, the bisphenol A market may continue to fall into a horizontal pattern.

Source: Epoxy Resin Development Research Center

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