Bisphenol a market continued to soar this week. According to the monitoring data of the business community, the market was offered at the beginning of this week 13033 yuan / ton, closing at 16583 yuan / ton on Thursday, up 27.24% this week. Near the weekend, the market offer was 16500-16800 yuan / ton. However, with the price rising, although the supply is relatively tight, it is difficult for the downstream to accept it. The terminal small orders just need to follow up, buying gas is down, and the total turnover is limited.

After the sharp rise and fall at the end of 2020, many traders suffered serious losses. From the point of view of mentality, the sharp rise this time was the aspiration of the cargo holders. At that time, the epidemic situation in northern China was aggravating, and it was close to the end of the year, and the mentality was under pressure. Most of the traders actively shipped goods and actively sold their sources of goods. After a round of selling, the market gradually stabilized, and when the purchasing heat in the downstream increased, the supply of goods in the market became more stable Serious tension, the most obvious performance this week, which is the main reason for the three-day surge of domestic bisphenol a market this week.

With the increase of terminal demand, the epoxy resin market is the first to push up, which is another important reason to pull the bisphenol a market to stop falling and soaring. Near the end of the new year and with Limited Logistics in case of epidemic situation, the terminal market is afraid to go up in the later stage, and the procurement is concentrated. The coating industry is recovering rapidly. The epoxy resin market is also going up from 20000 yuan / ton after the New Year holiday to 25000-25500 yuan / ton at present, with a good rise. The factory orders are in short supply, and the terminal can only queue up to pick up the goods. After the downstream epoxy resin market continued to rise, the plant operation rate increased and the demand for bisphenol A increased.

The plant stopped suddenly, so as to take this opportunity to advocate bisphenol A to take the up express. On Monday, Sinopec Mitsui’s 120000 T / a bisphenol a plant was shut down, which gave a certain positive support to the market holders. The market was pushed up along with it. Although there was a little hype, it was also true that the terminal industry chain went up and the demand increased.

The upward trend of raw materials supported the bisphenol a market well. Firstly, the phenol market rose from 5925 yuan / T to 6333 yuan / T this week, up 6084%; while the acetone market, taking East China market as an example, rose from 5900 yuan / T to 6900 yuan / T, with the middle high point reaching 7100-7200 yuan / T. Strong support of raw material upward cost, good support for bisphenol a market.

At present, the downstream liquid resin market is gradually stable, and after a round of sharp rise, BPA terminal rejects high prices, just needs small orders to follow up, and the market is gradually stable. BPA market is expected to adjust and operate in the range of 16300-16700 yuan / ton.