Insufficient transaction volume, weak domestic bisphenol A market

The domestic bisphenol A market is operating quietly. Recently, the overall weakness of the dual raw material phenol/acetone has declined. The phenol market price in East China is around 8000 yuan/ton, and the negotiated price of acetone in East China is around 6550 yuan/ton, supporting the weakness of the dual raw material. Downstream, epoxy resin and PC tend to operate weakly, and downstream new orders have low enthusiasm for entering the market.

 

On August 9th, the quotation situation of bisphenol A in the mainstream domestic market:

 

Region/ Quotation/ Daily fluctuations

East China region/ 10600./-100

Shandong region/ 10300./-200

 

At present, the pressure on shippers to ship has increased. This week, Nantong Xingchen will stop for maintenance, and the supply of bisphenol A in the market will decrease. However, with weak demand, it is expected that the market impact will be limited. In the short term, it is expected that bisphenol A will operate in a narrow range, and attention will be paid to the trend of dual raw materials and downstream demand follow-up.

 

The spot quantity of bisphenol A is limited, and there is currently no production and sales pressure from various manufacturers. The broad upward trend of raw materials has driven the downstream bisphenol A market to continue to rise. Pay attention to the recent transaction situation, and it is expected that bisphenol A will adjust at a high level today.

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