Market trend of bisphenol A

Data source: CERA/ACMI
After the holiday, the bisphenol A market showed an upward trend. As of January 30, the reference price of bisphenol A in East China was 10200 yuan/ton, up 350 yuan from last week.
Affected by the spread of optimism that the domestic economic recovery exceeded the expected performance, the strong operation of supplementary warehouses and crude oil after the holiday also supported the chemical market. After the Spring Festival, the domestic chemical market continued to promote the traditional “spring impulse” market, and the price of most chemical products showed an upward trend.
Returning to the market after the holiday, the overall supply pressure of phenolic ketone enterprises was not high, and the rising sentiment was high. The reported range of phenol in most factories increased to about 8000 yuan/ton, and the market atmosphere of phenol ketone continued to rise.
The bisphenol A market continued to rise before the holiday. With the support of the external environment and the raw material phenol ketone, the price of manufacturers rose after the holiday. With the price of main factories in East China rising to 10100 yuan/ton, most traders followed the rise, and the mainstream negotiation price of bisphenol A gradually rose to 10000 yuan/ton. However, at present, the load of PC and epoxy resin is increasing, mainly due to the consumption of raw materials in stock. The spot trading volume of bisphenol A is insufficient and the rising trend is limited.
Cost: the market of phenolic ketones rose rapidly after the holiday, with the latest reference price of acetone of 5100 yuan/ton, 350 yuan higher than that before the holiday; The latest reference price of phenol is 7900 yuan/ton, 400 yuan higher than that before the festival.
Equipment situation: the total operating rate of industrial equipment is 7-80%.
Market trend of epichlorohydrin

Data source: CERA/ACMI
The market of epichlorohydrin rose steadily around the Spring Festival. As of January 30, the reference price of epichlorohydrin in the East China market was 9000 yuan/ton, up 100 yuan/ton from before the festival.
After the festival, the two raw materials of epichlorohydrin also showed an upward trend, especially propylene. The manufacturers have the intention to increase. However, the load of downstream epoxy resin plants is still increasing, and the raw materials are mainly consumption contracts and pre-season inventory. The epichlorohydrin market lacks the support of the actual order trading volume. There is no obvious upward trend in the short term, and the price rises slightly.
Cost side: the prices of main raw materials of ECH rose slightly during the week, with the latest reference price of propylene of 7600 yuan/ton, up 400 yuan from before the festival; The latest reference price of 99.5% glycerol in East China is 4950 yuan/ton, up 100 yuan from that before the holiday.
Equipment situation: Hebei Zhuotai is ready to restart, and the overall operating rate of the industry is about 60%.
Epoxy resin market trend

Image data source: CERA/ACMI
Before and after the Spring Festival, the domestic epoxy resin market rose steadily. As of January 30, the reference price of liquid epoxy resin in East China was 15100 yuan/ton, and the reference price of solid epoxy resin was 14400 yuan/ton, up about 200 yuan/ton from before the festival.
The price of epichlorohydrin remained stable, bisphenol A continued to rise, and the cost support of epoxy resin increased. Two days before returning to the market after the holiday, the downstream follow-up was slow, and the quotation of the epoxy resin factory remained stable. As the price of bisphenol A continues to rise, downstream and traders have returned to the market, and the epoxy resin market has begun to heat up. Since the 30th, the quotation of liquid and solid epoxy resin plants has increased by 200-500 yuan/ton, and the price of mainstream discussion has increased slightly by about 200 yuan/ton.
Unit: the overall operating rate of liquid resin is about 60%, and that of solid resin is about 40%.

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