In the third quarter, the domestic bisphenol A prices low stalemate after a wide range of rise, the fourth quarter did not continue the upward trend of the third quarter, October bisphenol A market on a continuous sharp decline, to the 20th finally stopped and retraced 200 yuan / ton, the mainstream offer in 13100-13300 yuan / ton. Downstream epoxy resin by the BPA East China market transactions driven by the improvement, resin orders from the afternoon a greater improvement, but turn the terminal market has not improved, manufacturers consume poor, or affect the November market purchases.

In July, the domestic bisphenol A market is in a state of inventory digestion. The first half of the supply and demand side of the saw, bisphenol A prices fell after a low stalemate; in the second half, along with some of the downstream orders have improved and the price of raw phenol acetone, bisphenol A negotiation center of gravity fluctuates mildly upward.

In August, the bisphenol A market prices steadily higher, the spot supply and demand side of the relative tightening, forming a support for prices. Domestic bisphenol A devices have been stopping maintenance, downstream epoxy resin plant start-up load, PC plant start-up more high, the demand for bisphenol A increased significantly.

In September, the market is still in the upward channel, bisphenol A negotiation center of gravity rose widely. Supply side to continue the tight situation, bisphenol A stockholders to hold prices to sell. The two major downstream start stable, market prices to follow the rise in raw materials, coupled with the National Day before the stocking, on-demand procurement of bisphenol A to follow up, the market “golden nine” market.

Bisphenol A price trend

Throughout the third quarter, the bisphenol A industry chain linkage enhanced, bisphenol A and the main upstream and downstream product prices show different degrees of increase. Bisphenol A rose the most, the main raw materials phenol and downstream PC market prices also rose relatively significantly. Related products acetone rose moderately, the downstream epoxy resin up space is relatively limited. Along with the raw material Bisphenol A prices continue to rise, downstream epoxy resins and PC cost conduction more and more strenuous, inhibiting the late Bisphenol A further up space.

October bisphenol A market on a continuous sharp decline, yesterday morning opening market atmosphere improved, the market focus on the day of the auction situation. As the market gradually bottomed out with the continuous decline, the bottom of a slight finishing after the stockholders quotation test push up, followed by market stabilization probe up, stopping the drop back 200 yuan / ton, the mainstream quotation in 13100-13300 yuan / ton.

Epichlorohydrin market sideways finishing. Market surface quotations are more stable, the industry is cautious, the field negotiations to follow up the intention is not enough, trading more to maintain just demand, the short term market fluctuations, the mainstream transaction 9500 yuan / ton delivered. According to market analysis, the current ring of chlorine in an awkward place, the price of pulling up there is no power. When the price is pulled, the glycerol method of discontinued factories are opened out, all open out of inventory a high price and to sink, a dilemma.

Downstream epoxy resin market in the morning, there are heard price cuts ranging from 200-300. Driven by the improvement of BPA East China market transactions, resin orders from the afternoon onwards, several manufacturers daily orders more than a thousand tons or more, market prices began to firm up, there are upward considerations or have been raised. It is heard that Huangshan solid morning down, after the afternoon to stop falling and pull up quickly, a day of ice and fire.

Some market participants are concerned that the current has entered the second half of the wave of orders, although raging, but the terminal market has not fundamentally improved, it is impossible to completely digest this month. This will inevitably affect the November orders, causing sales pressure to next month. If the subsequent market price does not rise sharply, there is no stimulating effect on the market, and the downstream still lacks buying enthusiasm, today’s orders are just mirrors, overdrawn in advance, and cannot solve the final way out.

Chemwin is a chemical raw material trading company in China, located in Shanghai Pudong New Area, with a network of ports, terminals, airports and railroad transportation, and with chemical and hazardous chemical warehouses in Shanghai, Guangzhou, Jiangyin, Dalian and Ningbo Zhoushan, China, storing more than 50,000 tons of chemical raw materials all year round, with sufficient supply, welcome to purchase and inquire. chemwin email: service@skychemwin.com whatsapp: 19117288062 Tel: +86 4008620777 +86 19117288062


Post time: Oct-21-2022