August bisphenol A hit A new high, downstream resin, PC also follow the price increase

In August, the price of BISphenol A kept rising, the supply at home and abroad was very tight, the import ship was delayed, and the bidding price of A company in east China kept rising, which made the price of bisphenol A higher.As of August 28, the mainstream negotiation price in East China was 27,800-28,000 CNY/ton, the overall price was high, up by 2550 CNY/ton compared with the end of last month, or more than 10%. This is the second consecutive month of increase after the deep adjustment of BISphenol A in May and June.  

In recent two months, with the increase of bisphenol A market price, epoxy resin has also entered the upward channel driven by cost.By the close of August 25, liquid epoxy resin E-5135000-35300 CNY/ton, up 4400 CNY/ton compared with the end of July, or 14.31%.By the close of August 25, liquid epoxy resin E-5135000-35300 CNY/ton, up 4400 CNY/ton compared with the end of July, or 14.31%.By the close of August 25, liquid epoxy resin E-5135000-35300 CNY/ton, up 4400 CNY/ton compared with the end of July, or 14.31%.

At the same time, it has benefited from the continuous development and growth of the electronics industry driven by industrial trends and policy support, which has promoted the strong increase in demand for electronic terminal products.At the same time, it has benefited from the continuous development and growth of the electronics industry driven by industrial trends and policy support, which has promoted the strong increase in demand for electronic terminal products.

The price difference between BISphenol A and PC is very small. Recently, the low-grade market once appeared "flour is more expensive than bread", and the industry suffered serious losses. The average utilization rate of the industry is under 50%, and the utilization rate may continue to decline next month.  

From the end of August to September, bisphenol A domestic and foreign equipment shutdown maintenance followed, domestic and foreign supply tension has become A normal state.  Although the price of bisphenol A continues to rise, constantly challenges the downstream epoxy resin and PC terminal consumer price to bear the "bottom line", but the supply side support, the market broke through the average price in August, high price has become the main trend of the market.