China bisphenol A market center of gravity upward, after noon a petrochemical bidding exceeded expectations, the offer up to 9500 yuan / ton, traders followed the market offer upward, but the high-end transaction is limited, as of the afternoon closing East China mainstream negotiation prices at 9400-9550 yuan / ton, compared with the previous trading day up 150-200 yuan / ton.
Cost side support is strong. International crude oil continuous strength, upstream raw materials end pure benzene and phenol rose, bisphenol A from the cost side support enhanced, the positive attitude of the stockholders, the offer up, the market negotiating atmosphere improved, the overall negotiation at about 9500 yuan / ton.
Terminal demand is still sluggish, downstream PC and epoxy resin center of gravity is low, and the volume of transactions is limited, the overall negotiated price is difficult to improve, subject to the demand side of the slump, the raw material bisphenol A rise is limited.
Continuous upward movement of raw materials, cost support is strong, but downstream demand is still not optimistic, is expected today bisphenol A firm slightly upward, the increase is limited, focusing on the field transaction surface.
April 3, the domestic mainstream market bisphenol A quotations:
Region | Quotation | Up or Down |
East China | 9450 | 150 |
Shandong Region | 9400 | 100 |
Post time: Apr-04-2023