Recently, the market of bisphenol a continued to rise. According to the monitoring of the business agency, the market offer was 8800 yuan / ton on May 5, 9960 yuan / ton on May 22, 10600 yuan / ton on May 27, up 6.43% in three working days this week, and up 20.45% in May. Bisphenol a market from cost support to factory assistance, the current market is full of information, traders offer to push up sentiment.
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Recently, with the market demand, bisphenol A factories have significantly increased their listing prices, boosting the rapid rise of bisphenol a market. According to the monitoring of business agency, the price adjustment of domestic BPA mainstream factories is as follows:
Before May 20, major mainstream factories maintained a long-term listing guidance price of 9500-10000 yuan / ton, and most enterprises listed below 10000 yuan / ton. In May, with the market gradually rising, when the market is close to 10000 yuan / ton, the market continues to be weak in action. At this time, each major factory has increased 500-700 yuan / ton, and the market confidence has been boosted. The traders are reluctant to sell, following the pace of the factory, and the offer has been greatly boosted. By the end of publication, the main market offer in East China is 10600-10700 yuan / ton, some of the cargo holders are less bullish, and the market offer is as high as 10900-11000 yuan / ton, and the market offer in North China is 10300-10600 yuan / ton, many traders have few supply, while the factory mainly uses or provides long-term customers, and the factory takes delivery slowly, and the market circulation is small.
Another important reason for the sharp rise of bisphenol a market is that the concentrated increase of upstream pure benzene today has a positive impact on products under the industrial chain. Today, the price of pure benzene in Sinopec’s enterprises increased by 150 yuan / ton to 3500 yuan / ton, and the price of pure benzene was 3450-3850 yuan / ton. In May, the price of pure benzene showed a unilateral upward trend. According to the monitoring of the business agency, the price of pure benzene rose from 2960 yuan / ton in 5 daily reports to 3570 yuan / ton in 27 days, with an overall increase of 20.61%.
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In addition, from the cost point of view, the surge of acetone also formed a good support for bisphenol A. Take the acetone market in East China as an example. Last week, the acetone market in East China made an offer of 7900 yuan / ton, at the beginning of this week, 8100 yuan / ton, and today, 8500 yuan / ton. In just one week, the price in East China increased by 600 yuan / ton, or 7.6%. The consumption rate of acetone in the production unit of BPA accounted for 0.27. At present, the acetone market is at a three-year historical high, forming a cost support for BPA upward. The price of phenol, another important raw material, has remained stable in the near future, and the offer is mostly 6570-6650 yuan / ton, a narrow increase compared with that at the beginning of the month.
Finally, the downstream liquid epoxy resin and PC rose. The downstream liquid epoxy resin is running at a high level, the terminal wind power industry is developing well, and the enterprise’s operating rate is gradually increasing, while another raw material of epoxy resin, epichlorohydrin, stops falling and rebounds, and both raw materials are in an upward trend. The mainstream negotiation of epoxy resin market is running at a high level of 19500-20000 yuan / ton. On the PC side, according to the monitoring of the business agency, the price rose from 12100 yuan / ton on the 5th to 13700 yuan / ton, an increase of 13.22%.
From the perspective of the whole industrial chain, crude oil – pure benzene / propylene – phenol / acetone – bisphenol A – Epoxy Resin / PC, from the top to the bottom, are mainly rising. Up to the crude oil boost, pull the upstream pure benzene and propylene up, the main raw material phenol high stable and acetone strong support. In the last few trading days of this month, the carrier may push the price up to the end, but the downstream firm offer follow-up is limited. The business agency expects that the bisphenol a market in East China will be 10600-10900 yuan / ton, and the actual volume will be paid attention to later.
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