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Home > News > Paint & Coating News > Imports of Bisphenol A Continue to Decline This Year, And The Domestic PC Market Is Just in Need of Trading

Imports of Bisphenol A Continue to Decline This Year, And The Domestic PC Market Is Just in Need of Trading

ECHEMI 2021-12-24

Imports of bisphenol A continue to decline


In November 2021, China's imports of bisphenol A amounted to 31,046 tons, a year-on-year decrease of 42% and a month-on-month decrease of 17%; the average import price was US$2,758/ton, and the import price fell 15.6% from the previous month.

In November, the export volume of bisphenol A was 81 tons, and the average export price was US$6264/ton, mainly 75 tons exported from Jiangsu and Henan to the UAE.

With the continuous increase of domestic production capacity of bisphenol A, the degree of foreign dependence is gradually decreasing. In addition, the average domestic market price of bisphenol A in November was about 17,000 CNY/ton. The price of imported bisphenol A plus value-added tax and tariffs was above 20,000 CNY/ton, which was significantly higher than the domestic market price, resulting in double The competitiveness of the supply of phenol A external disks has declined.

 


Market overview

Influencing factors

The raw material atmosphere is consolidating, and most of PCs continue to be in a weak adjustment state, and individual cargoes are tightly supporting the center of gravity to rise. The downstream market continued to purchase in demand, and the industry remained more cautious, and the trading atmosphere was thin.

 

Market outlook forecast

Recently, the market is concerned about changes in supply and demand, manufacturers' trading situation, and raw material trends. It is expected that the market will continue to consolidate within a narrow range and wait for further guidance from the news side.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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