According to the monitoring data of the business society, the bisphenol a market was stable in the early stage of this week, and the transaction was slightly lower. Since the auction of a petrochemical enterprise in East China reached a new high on Wednesday, the market pushed up again. Near the weekend, both phenol and acetone at the raw material end rose, which strongly supported bisphenol A and pushed up the industrial chain as a whole. Last Friday, bisphenol a market offered 27040 yuan / ton. So far, the average offer is 27600 yuan / ton. At present, the offer range in mainstream regions such as East China and North China is 27500-27800 yuan / ton. The holders have a strong attitude of price support.

In terms of factories, Lihua yiweiyuan and Nantong Xingchen started construction in 80%, and bisphenol A units such as Sinopec Mitsubishi and Changchun Chemical operated at full capacity. A petrochemical company in zhouzhonghua East auctioned, and the starting price rose from 26000 yuan / ton to 27150 yuan / ton in seven rounds of auctions. This auction result quickly promoted the negotiation between buyers and sellers in the market, increased the downstream replenishment sentiment, and the offer soared on Thursday, The reluctant selling mood of the goods holders is obvious.

From the raw material side, the focus of the phenol market this week is upward. So far, the offer in East China has pushed up to 9250 yuan / ton. According to the monitoring of business society, the average offer in the national phenol market this week has increased from 8900 yuan / ton to 9275 yuan / ton, an overall increase of 4.21%. As soon as the news of force majeure shutdown of Taiwan’s Xinchang plant came out this week, the mentality of phenol shippers was improved, the rising sentiment was rising, the participation of intermediate traders increased, the downstream followed up, the delivery and delivery volume increased significantly this week, and the rising cost of raw materials was strongly supported.

Phenol national market trend

On the other hand, the raw material acetone market has increased significantly and continued to rise in August. The market has soared again this week, and the overall upward trend is obvious. The mainstream negotiation range is 6300-6500 yuan / ton. According to the monitoring data of business society, the average offer of the national acetone market has increased from 5750 yuan / ton to 6625 yuan / ton, an increase of 15.2% a week. On the one hand, the port inventory continues to decline, Moreover, Taiwan’s Xinchang plant unexpectedly stopped on Tuesday, and it is expected that the supply will decline further in the future. Acetone is on the verge of fire, and the cargo holders rose sharply.

Acetone market trend in East China

The downstream liquid epoxy resin is affected by the upward trend of raw materials, and the new single negotiation continues to rise. The monitoring of business society shows that the overall upward trend of liquid epoxy resin Market in East China is 1000-1500 yuan / ton, the negotiation is 3400-34500 yuan / ton, and the negotiation of solid epoxy resin is 29300-29800 yuan / ton. This upward trend mainly comes from the cost support, and the offer of raw material bisphenol A is pushed up to 27500 yuan / ton, which is a strong support. It is expected that the epoxy resin market will run at a high level in the short term.

According to the business society, the upstream and downstream products rose collectively, and there were many unit maintenance at home and abroad from September to October. On the whole, the supply is still tight, but the cost pressure caused by the sharp rise of raw materials in the downstream still needs time to be digested. The business society expects the short-term bisphenol a market to be strong and put into operation.