This week, the market of bisphenol A in East China fell first and then rose, showing a bottom rebound trend. According to the monitoring data of the business community, the market offer approached 20000 yuan / ton in the first two days of the week, and nearly 20000 yuan. The loss of the goods holders was serious, the intention of price reduction gradually weakened, and the market gradually stabilized. On Wednesday, the market atmosphere improved slightly. The price of BPA was supported by the shippers. There was no low price supply in the market, while the replenishment mood in the downstream gradually recovered. In addition, the bidding price of a factory’s sub brand was raised six times, and the market atmosphere rose again. By the end of the weekend, the market negotiation of BPA reached more than 21200 yuan / ton.
From the perspective of raw material side, the phenol market was stable and moved slightly this week. The negotiation reached 9350-9450 yuan / ton. The market atmosphere of the whole week was slightly deadlocked, the participation of the terminal market was not high, the wait-and-see sentiment increased, and the closing market of the weekend was weak. This week’s acetone market is very unstable. The offer of East China acetone market is 5650-5700 yuan / ton near the weekend. This week’s factory adjustment is large. The market first falls and then rises. The offer of East China acetone market is weak near the weekend.
The downstream liquid epoxy resin continued to decline, with obvious market downturn. The negotiation of East China liquid epoxy resin dropped to 26000-26500 yuan / ton (in acceptance barrels), and the negotiation of solid epoxy resin reached 24500-25000 yuan / ton. The decline of epoxy resin market was mainly affected by the overall decline of dual raw materials, the decline of bisphenol A was obvious, the cost support was unfavorable, and the manufacturers were under great pressure to ship, At present, the resin factory is short of orders. Due to the market fluctuation, it is heard that the contract has been broken. In order to reduce the inventory, the offer of the factory keeps falling. The new orders of the terminal often adopt a single discussion. At present, the factory mostly suspends the offer and mainly discusses the actual orders. The short-term epoxy resin industry is difficult to say good, the market transaction surface is insufficient.
According to the business community, the price of bisphenol A may continue to rise next week, but the increase is limited. In the near future, middlemen and downstream companies are replenishing goods one after another. Factories and traders have the same mentality. In order to make up for the losses caused by the early fall, they intend to push up the market. It is heard that Shexian park will stop steam on June 7, and the operating rate of solid resin industry will be significantly reduced. With the price rebound, the later procurement will also be reduced, BPA is expected to rise first and then stabilize next week.
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