Price trend

The domestic bisphenol A market first rose and then fell, with price fluctuations in the East China region ranging from 8,350-8,500 RMB/ton.

Analysis review

At the beginning of the week, the bisphenol A market fluctuated and rose, with no inventory pressure on production enterprises in East China. However, the good times did not last long, the market fundamentals weakened, cost support was insufficient, downstream resin and PC replenishment enthusiasm decreased, inquiries became weak, and the pressure on traders to ship increased. In addition, Shandong Fuyu's 180,000 tons/year sales were officially launched in the middle of the week, with an increase in supply and a clear bearish atmosphere on site. The focus of negotiations was mainly on a bearish trend.

The downstream epoxy resin market was running lightly, the market lacked information guidance, the factory listing price remained stable, the downstream followed up as needed, and the turnover was very little. The mainstream negotiations of East China liquid resin and Mount Huangshan solid resin were both 13,200-13,600 RMB/ton, the spot market was weak, and the short-term confidence of the industry was obviously insufficient.

Market outlook

The supply side is expected to increase, the demand side is lukewarm, and the cost side phenol ketone market is also showing a continued downward trend. From the perspective of SunSirs, the focus of the bisphenol A market is expected to continue to decline.

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