Bisphenol A suffered a cliff-like decline! Insufficient demand, low PC market sentiment

Bisphenol A continues to fall precipitously this week

In terms of price: last week, the domestic bisphenol A market fell precipitously: as of September 26, the reference price of bisphenol A in East China was around 23,400 CNY/ton, down 2,800 yuan from before the holiday, and it has a downward trend. The sharp decline of bisphenol is mainly due to the following factors:

The industry is obviously bearish, and BPA has entered a continuous downward channel. In the declining market, the trading volume of bisphenol A market is even scarcer, and the negotiated price continues to fall;
Zhejiang Petrochemical's Bisphenol A bidding, the market has not paid much attention to Bisphenol A, and the enthusiasm for participation is poor, and the bidding price has also fallen sharply compared with last week;

Influencing factors

The recent PC market sentiment is sluggish, demand continues to be insufficient, and costs are mainly falling. The mentality of merchants in various markets is weak and wait-and-see, the offer has fallen from the high level, the real order transaction is thin, the center of gravity is still falling, and the liquidity of the supply continues to be slow.

Market outlook forecast

The weakness of the domestic PC market continues, and attention is paid to the further trend of changes in various influencing factors under the downward trend of market conditions.