The upward adjustment of domestic bisphenol A prices may help the domestic bisphenol A industry to survive the harsh winter
January 24, 2022
The long-oblivious domestic bisphenol A market has finally seen a long-awaited rebound. Although it is modest and its scope is not wide, market analysts still feel that it is of great significance and believe that this trend may help the domestic BPA industry to spend Winter.
In late November, the market of bisphenol A in East China began to rise slightly. Some market prices rose to 10,500 to 10,600 yuan (ton price, the same below), and the transaction price reached 10,400 to 10,500 yuan, which was 100 yuan more than in mid-November.
As for the direction in which the domestic BPA market will develop in the near future and in the near future, analysts generally believe that if manufacturers and traders join hands to ensure that the pricing mechanism is stabilized, the market will temporarily stabilize and then rebound. However, to completely change the current domestic market trend of bisphenol A, the key depends on the following factors: First, the status of the upstream benzene, phenol, acetone continued to decline in the downturn can change, the current strong acetone, phenol by the influence of the growth of appreciation of Jilin; The second is the start of the downstream epoxy resin industry. Although the industry has entered the off-season, the information of the just-concluded Shanghai Epoxy Show shows that Lanxing New Materials Wuxi Resin Factory, Baling Petrochemical Company, Dalian Qihua Company's annual production Both have reached about 30,000 tons, and the growth has been significant and the momentum has not diminished. Third, the operating conditions of foreign BPA plants and the external disk offer, it is reported that Asian bisphenol A industry has been fully reduced production. At present, the domestic production of bisphenol A manufacturers is that Lanxing New Material Wuxi Resin Factory 16,000 tons/year will be stopped for maintenance on December 1 for a period of 3 months; another 16,000 tons/year will be currently reduced by 30%; Tianjin Shuangfu The company’s 10,000-ton/year plant is operating normally.
Domestic BPA continued to rebound slightly. Market participants generally feel that there is hope of recovery. However, according to expert analysis, although the domestic BPA market is beginning to be positive, the trend is worthy of recognition. However, due to the end of the year, the chemical industry has fully entered the off-season, and it is difficult to achieve fundamental improvement goals during the year. Although the Asian bisphenol A industry is in full production cuts, the supply has dropped significantly. However, with the arrival of the off-season production and consumption, the entire epoxy resin industry has entered a period of relatively low levels. Therefore, the capacity of the downstream products is sufficient, the trading volume is reduced, and the market is light. Therefore, the fundamental improvement of the market for BPA is still a long time to come.