This week, the domestic bisphenol a market continued its stalemate and finally faced a decline. In the first three working days, the domestic bisphenol a market made a stable offer of 16100-16300 yuan / ton, but the market trading surface was not ideal. It was followed by the auction of a petrochemical in East China, but the overall fluctuation was small. The two auctions in the week were 14700-14800 yuan / ton. Near the end of the weekend, under the pressure of the carrier, the negotiated price of the actual order in the market fell to 15850-16000 yuan / ton. Up to now, the mainstream negotiation price in East China is 15850-15900 yuan / ton, and that in North China is 15900-16000 yuan / ton.
| PVA 1788 (PVA BP17) |
The offer of bisphenol A in various markets in China is as follows (the rise and fall range is compared with the previous trading day):
region ., Quotation, Fluctuation range
East China 15850-15950 – two hundred
North China 15900-16000 – one hundred
The recent trend of bidding is as follows;
At the beginning of this week, the price of the related product epichlorohydrin continued to rise sharply and then fell. For the downstream resin market, the cost increased and exacerbated the wait-and-see atmosphere in the downstream market. The offer of downstream epoxy resin market is narrow and upward, but the market trading is cold. The offer of East China liquid resin market is RMB 25200-26000 / ton.
| PVA |
On the raw material side, the market focus of phenol has increased significantly. This week, the factory has raised the price for many times. The mainstream offer of the factory has been pushed up to 9500-9600 yuan / ton, followed by the upward offer of 9550 yuan / ton. At the beginning of the week, the inventory of Jiangyin port decreased significantly, the importers have no shipping pressure, and the price support mood has increased, but the overall downstream pursuit is cautious. The real order is flat. Acetone is stable and strong, pushing up the operation. The negotiated price is 5250-5300 yuan / ton. There are many downstream companies that need to follow up, mainly small orders in the field.
From the perspective of business analysts, the current cost support is strong, but downstream procurement is difficult to be positive. Although there are few spot resources, the downstream operating load is not high, and the market trading is mostly small order replenishment. The range consolidation is expected to continue at the end of the month, and the market is expected to continue downward adjustment.
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