In March, the domestic acetone market rose first and then fell, with an overall rise of 3.28%. According to the monitoring data of business agency, the average offer of domestic acetone market was 5725 yuan / ton on March 1, 5912 yuan / ton on March 30, an increase of 3.28% in the month, and the offer of domestic phenol market was 6337 yuan / ton on March 10, with an amplitude of 10.7%. By the end of the month, the offer in East China market was about 5850 yuan / ton, that in South China was 6000 yuan / ton, and that in North China and surrounding areas of Shandong was 5850-5950 yuan / ton

Trend chart of average acetone price in East China market

In the first ten days of March, the acetone market in East China and even the whole country rose sharply. In the first ten days of March, the market offer in East China rose to 6330 yuan / ton, an increase of 10 days or 10.7%. Crude oil continued to rise, driving the outer disk of pure benzene and styrene at the raw material end to rise sharply. At this time, propylene increased significantly, which was positive, and the center of gravity continued to rise. Subsequently, crude oil fell sharply on the 10th, and some domestic parts had a great impact on logistics and transportation due to the aggravation of public events. The shipment of cargo holders was blocked, the inventory pressure of petrochemical enterprises increased, the shipment was also difficult, and the offer of the market and factories was loose. In the middle and late part of the whole year, with the continuous fermentation of domestic public events, the logistics problem became more and more serious, the circulation of goods in the region was not smooth, and the dual raw materials also entered the downward channel one after another. Under the continuous concessions of goods holders, the market accelerated downward, and the market focus was seriously frustrated. In the last ten days of the year, the petrochemical manufacturers were under pressure to reduce the guidance price, but the market weakness was difficult to contain, and the on-site trading was cold.

The downstream bisphenol a market was dominated by the overall downturn. The bisphenol a market continued to decline in the middle and early March, mainly due to the lack of good supply and demand, the continuous decline of upstream raw materials, and the lack of demand in the downstream. The conversation was depressed, and the market once fell to 15300 yuan / ton. However, near the end of the month, the market rebounded rapidly and rose significantly at 1000-1300 yuan / ton due to the centralized replenishment demand at the downstream PC end. As of the 30th, the mainstream offer in the domestic market was 16400-16500 yuan / ton.

In April, it was difficult to significantly improve the supply and demand structure. Most terminals were just in need of follow-up. In the near future, we should continue to pay attention to the logistics and transportation caused by domestic public events, especially the logistics in the northern region was blocked, the shipment pressure of cargo holders was high, and the downstream terminal enterprises were just in need of follow-up at this stage, with little intention of replenishment. On the other hand, the recent cost side is greatly affected by crude oil fluctuations. According to the prediction of business society, the offset between supply and demand in April has little change, and the domestic acetone market is expected to operate in a range of fluctuations.