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Since February, the domestic bisphenol A market has been rising wildly.
The price has risen from 18,500 yuan (ton price, the same below) at the end of January to the current 26,000 yuan, an increase of nearly 41%, a 10-year high
.
In the eyes of industry insiders, although the tightening of market supply has eased to a certain extent, manufacturers have expectations for maintenance, so the supply side is still an important factor leading the rise of the bisphenol A market
.
In the eyes of industry insiders, although the tightening of market supply has eased to a certain extent, manufacturers have expectations for maintenance, so the supply side is still an important factor leading the rise of the bisphenol A market
.
Tight supply is difficult to solve Tight supply is difficult to solve
According to analyst Hu Zhimin, after the Spring Festival, bisphenol A has been on the rise again and again
.
According to analyst Hu Zhimin, after the Spring Festival, bisphenol A has been on the rise again and again
.
The booming bisphenol A market has boosted the enthusiasm of manufacturers
.
Hu Zhimin said that most of the factories have downstream supporting devices for bisphenol A, which are mainly for self-use or contract supply
.
As prices soared, so did the profits of BPA
.
Weakened raw material support Weakened raw material support
From the perspective of bisphenol A raw materials, although the phenol market has risen sharply in March, under the condition of stable fundamentals, traders are clearly in the mood to stabilize prices
.
From the perspective of bisphenol A raw materials, although the phenol market has risen sharply in March, under the condition of stable fundamentals, traders are clearly in the mood to stabilize prices
.
Wang Chunming, general manager of Shandong Ruiyang Chemical Trading Co.
Looking at the market outlook, phenol is still in the off-season of demand, and the downstream terminal replenishment sentiment is not high, and only a small amount of rigid demand is maintained
.
Industry insiders believe that the cost side is bad for the bisphenol A market, and the right to speak in the leading trend of raw materials is weakened
.
Insufficient demand lift
Insufficient lift in demand Lack of lift in demandAccording to analyst Wang Yingchao, with the sharp rise in the price of bisphenol A, the resistance in the downstream epoxy resin, PC and other industries has intensified, thus weakening the upward momentum of the bisphenol A market
.
.
At present, the liquid resin enterprises are operating normally, and the installation load is about 60%; the solid resin enterprises are affected by the Huangshan environmental protection inspector
.
.
"In the later period, the operating rate of the epoxy resin industry is still expected to decline, and there is insufficient support for the raw material bisphenol A market
.
" Wang Yingchao analyzed
.
.
" Wang Yingchao analyzed
.
From the perspective of another downstream PC industry of bisphenol A, despite the high cost, domestic PC manufacturers have raised prices, but the market has limited intention to follow up, and merchants are more cautious
.
At present, the cost of PC manufacturers is under great pressure, and many companies are shipping upside down
.
PC downstream terminal factories have limited pressure on high-priced supply, and demand for more orders, resulting in poor terminal consumption
.
Affected by the interweaving of high cost and low demand, PC manufacturers are currently operating with reduced load
.
.
At present, the cost of PC manufacturers is under great pressure, and many companies are shipping upside down
.
PC downstream terminal factories have limited pressure on high-priced supply, and demand for more orders, resulting in poor terminal consumption
.
Affected by the interweaving of high cost and low demand, PC manufacturers are currently operating with reduced load
.
It is understood that the 300,000-ton/year PC unit of Luxi Chemical was reduced in load on March 11, and the overall load is now about 20%; Sinopec Mitsubishi's 60,000-ton/year PC unit is running on a single line; Ganning Petrochemical's 70,000-ton/year PC unit The device has been shut down for maintenance, and the follow-up start-up time has not yet been determined; the 100,000-ton/year PC plant of Zhonglan Guosu was shut down for maintenance in early January, and has not been started yet
.
.
Wang Chaoying said that the operating rate of the PC industry is on a downward trend due to cost constraints, and the purchase intention of raw materials is light, only maintaining rigid demand, which weakens the momentum of bisphenol A to continue to rise sharply
.
.
