Daily Review of Bisphenol A: Unclear yet

The domestic BPA market remains on the sidelines and remains unclear for the time being.
On the last trading day (March 19), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 7,200-7,300 yuan/ton, with high-end prices.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market had a strong wait-and-see atmosphere and the negotiating trend was light on that day.
Traders were reluctant to sell the market and negotiated prices to continue to maintain.
Sinopec Mitsui's plant was restarted and there was still no production.
As the Zhongxin Chemical Plant continued to shut down until the end of the month, the overall market resources were slightly tight.
The raw material phenol market is weak and stalemate, prices in various regions are basically stable, downstream demand is still general, the market mentality continues to be poor, and domestic enterprises are concerned about the production and sales of domestic enterprises.
The talks in East China are mostly at 5,300 yuan/ton; the acetone market continues to rise, and the focus of transactions is slightly upward.
In East China, most of the talks are 5200-5300 yuan/ton.
The downstream epoxy resin trend is temporarily stable, the transaction is limited, the end user demand is not good, the market wait-and-see atmosphere is strong; the polycarbonate market rebounds slightly, the overall market is rich in resources, and the business mentality is slightly unstable-the bisphenol A market continues to narrow Consolidation and consumption run.
In general, the bisphenol A market, despite the stalemate, is still narrowly sluggish, traders are holding back their stocks, and some are trying to increase their quotations.
However, the wait-and-see atmosphere is relatively strong, transactions are limited, the main market demand is not good, and the buying intention is relatively high.
Weak, weak consolidation continues, and the market trend is currently unclear.

On the last trading day (March 19), the domestic BPA market continued to consolidate.

(Our reporter Liang Xi)

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