Dilemma! Bisphenol A, The Raw Material of Polycarbonate PC, Is Deserted

Since March, the bisphenol A market has shown a trend of first falling and then rising, but the overall amplitude is not around 3%, and domestic factories continue to close and fail to report. 

On March 1, the average offer in East China was 17,187 CNY/ton. On March 11, the market was quoted at 17,100 CNY/ton. On the 4th, the market offer was 16,650 CNY/ton. In early March, the overall price fell first and then rose.

First of all, international crude oil has soared, and the sharp rise in crude oil is good support for downstream pure benzene and propylene. Both phenol and acetone show a significant upward trend. The cost side is well supported, and the atmosphere of top-down negotiations in the industrial chain has improved.

Since March, the focus of domestic phenol market discussions has been mainly upward, mainly supported by favorable costs. On March 1, the average domestic phenol market offer was 10,812 CNY/ton, and on March 11, the average offer was 11,175 CNY/ton, an increase of 3.35%. As of the 11th, the East China market offered at about 11,250 CNY/ton, and the South China offer was at 11,300 yuan. / ton, North China and the surrounding areas of Shandong offer to around 11,100 CNY/ton.

Since March, the domestic acetone market has risen rapidly, and the overall rise has been obvious in the first ten days. From the perspective of the East China market, the mainstream offer in the East China market was at 5,550 CNY/ton on March 1, and on March 10, the mainstream offer in East China pushed up to 6,300 CNY/ton, and fell within a narrow range on the 11th, an increase of 12.61%. As of the press date, the negotiation in East China is 6,250 CNY/ton, the offer in Shandong is 6,300 CNY/ton, the offer in the surrounding areas of Yanshan is 6,300 CNY/ton, and the offer in South China is 6,400 CNY/ton.

The downstream PC segment showed a significant increase, but the operating rate of the industry did not change much. The downstream epoxy resin market is extremely deserted due to the poor demand, and the market is in a dilemma.

The petrochemical auction in the week ended at 15,400 CNY/ton, with little change. On the 11th, the market offer showed a weak trend again. Although the cost side continued to rise, there was no support for the upward trend of products with poor demand. It is expected that the short-term bisphenol A will mainly fluctuate and adjust.