Since 2021, the domestic market of bisphenol A has soared by 116%. According to the monitoring data of business news agency, the average market offer was 12725 yuan / ton on January 4, and the market offer was 27500 yuan / ton as of April 2, with an increase of 116.11%. At present, the inventory of bisphenol A in the market is low, so it is difficult to find one product.

Since the Spring Festival, bisphenol a market has started a substantial upward mode. After the festival, under the background of a bull market in the chemical industry, the market is catching up again. Compared with last year’s low price of 8000 yuan / ton, the current price is unreachable.

The reasons are as follows: under the background of bull market, the upsurge of upstream and downstream of the industrial chain helped the market of bisphenol a go up; under the tight supply of goods, the terminal demand continued to improve, especially the epoxy resin was stimulated by the demand of the terminal wind power industry at the beginning, with sufficient orders and queuing up for delivery, the demand of coatings, new materials and other industries increased in the later stage, and the demand for raw materials was stable. On the other hand, although the cost transfer of downstream PC is slow, it also follows the upward trend.

From the business community’s point of view, since March, under the pressure of high cost, the downstream PC and epoxy resin operating rate has continued to decline. This week, the PC product operating rate is 50%, and the epoxy resin operating rate has dropped to 60%. On the other hand, the overall cost of BPA has declined. From the perspective of industrial chain alone, the profit of BPA plant is quite high, about 15000 yuan / ton. Near the end of the month, the supply of goods is limited and there is no intention to make profits. Under the sustained high price, the market transaction is weak. However, the short-term shortage of goods is still the main tone of the market, and the short-term market will still run at a high level. In the later stage, as the industry gradually callback, the terminal transfer of high cost is weak, bisphenol A will gradually return to the rational range.