In April, the domestic bisphenol A market fluctuated in a narrow range, and the negotiation range within the month was 16450-16800 RMB/ton. According to the monitoring data of SunSirs, the national market was quoted at 16550 RMB/ton on April 1. After the rise of bisphenol A market on April 30, it was callback to 16650 RMB/ton, with an overall rise of 0.6%.

On the raw material side, in April, the domestic phenol market was first restrained and then increased, and the overall market closed down. According to the monitoring data of business agency, the average offer of domestic phenol market was 10645 RMB/ton on April 1, 10337 RMB/ton on April 30, down 2.89% in the month. On April 21, the domestic phenol Market offered 100087 RMB/ton, with an amplitude of 5.24%. By the end of the month, the offer in East China market was about 10300 RMB/ton, that in South China was 10350 RMB/ton, and that in North China and surrounding areas of Shandong was 10325 RMB/ton

In April, the domestic acetone market decreased first and then increased, with an overall decline of 3.48%. According to the monitoring data of SunSirs, the average offer of domestic acetone market was 5750 RMB/ton on April 1, and 5550 RMB/ton on April 30, a decrease of 3.48% in the month. The offer of domestic phenol market was 5350 RMB/ton on April 13, with an amplitude of 6.96%. By the end of the month, the offer in East China market was about 5550 RMB/ton, that in South China was 5780 RMB/ton, and that in North China and surrounding areas of Shandong was 5600-5650 RMB/ton

The inventory consumption of downstream epoxy resin and PC end is slow in the middle and early ten days, the domestic logistics is blocked, the downstream replenishment is difficult, and the demand is difficult to improve.

From the perspective of SunSirs, it is expected that the supply and demand sides will improve synchronously in May. The commissioning of new bisphenol A units and the overall resumption of downstream factories will directly affect the market trend. From the perspective of cost, there is little fluctuation, and the overall supply side is loose. Bisphenol A may be steadily lowered in May, with ups and downs throughout the month and limited fluctuation space.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.