Bisphenol A in East China market: 15100-15200 yuan / ton; light trading volume continues to decline

At the end of the month and the beginning of the week, the spot negotiation of bisphenol A was light, and the focus fell again. The offer of East China was 15100-15200 yuan / ton, while the offer of other factories was suspended, and the offer of lihuayi was 15100 yuan / ton. Today, the bidding of Zhejiang Petrochemical fell 200-300 yuan / ton again compared with last week, making the bisphenol a market worse. Today, the market became more bearish and the downward speed of the market accelerated.

region ., Quotation, Up and down

East China, 15100, – two hundred

Shandong region, 15150, – one hundred and fifty

Yesterday, the raw material phenol / acetone plants are now rising. Although the market follow-up is insufficient, the offer of the on-site shipholders is strong and the cost side is good. The mainstream offer of phenol in East China is 10700 yuan / ton, and the negotiated price of acetone in East China is 6000 yuan / ton, both of which are at the highest level in the month. However, the downstream epoxy resin and PC market declined broadly. Although the cargo holders made profit step by step, the actual single trading was still limited, and the pessimism in the market increased. The downstream liquid resin is offered in barrels of 25500-25800 yuan / ton, and the East China injection molding low-end is negotiated at 20000 yuan / ton, with few firm offers.

Since the market continued to decline in late May, the holders have been selling goods at a lower price. Although the raw material phenol ketone rose, it had little impact on the market. The downstream continued to fall and the trading volume was difficult to improve. The short-term market was still dominated by bad news. After a sharp decline, the holders’ intention to sell at a lower price weakened. Recently, they have paid attention to the downstream procurement and factory price adjustment.