The Upward Trend of Bisphenol A in December, The Domestic PC Market Spot Is On The Low Side

Bisphenol A Quotes

After a long period of decline, the price of bisphenol A has fallen to a relatively low level, and substantial changes in raw material prices have already affected the bisphenol A market.

On Tuesday, the 180,000 tons/year bisphenol A unit of Yanhua Polycarbonate in North China was temporarily shut down for 2 days. The shipments of other manufacturers near the end of the month and the end of the year decreased, and the local spot resources in North China were insufficient. Towards the end of the month, with the increase in pre-holiday stocking in the downstream PC and epoxy resin industries, the listing prices of major manufacturers have begun to increase. The listing prices of Changchun Chemical and Nanya Plastics are all above 17,000 CNY/ton, and most of the holders follow the market. 

Market overview

Before the New Year's Day, the domestic PC market stalemately operated. The raw material bisphenol A rebounded sharply, and the pressure on PC costs gradually became prominent; the recovery of domestic sources this week remains to be seen. The spot market may still remain small in the short-term. However, the end of this month is about to enter the Spring Festival holiday. The market transactions this month are mainly concentrated in the first ten days of the month. In addition, due to the impact of the production progress of new devices, the industry is cautious and optimistic, and still maintains accompanying shipment operations. However, the downstream pre-holiday procurement situation is unlikely to be significantly improved. It is expected that the domestic PC market will fluctuate in a narrow range recently. The price reached 2805 at 21,350 CNY/ton. (Tax not included)