This week, domestic bisphenol A went down all the way, with an obvious decline. Although phenol / acetone at the raw material end continued to rise, the support from the cost side could not make up for the negative factors of sufficient supply and weak demand. During the week, Zhejiang Petrochemical twice auctioned for premium products, with the self delivery price of 14300 yuan / ton and 14200 yuan / ton, falling continuously. According to the monitoring data of the business agency, the negotiated price in East China was 16225 yuan / ton on May 20, and the market offer in East China was 15325 yuan / ton on May 27, a decrease of 5.55% in the week.

region ., Quotation, Weekly rise and fall

East China ., 15300, – seven hundred

Shandong region ., 15450, – five hundred and fifty

Although the raw material phenol / acetone plants are now rising and the market follow-up is insufficient, the overall offer is firm, the offer of the on-site cargo holders is firm, and the cost is well supported. However, the downstream epoxy resin and PC market declined broadly. Although the cargo holders made profit step by step, the actual single trading was still limited, and the pessimism in the market increased. The downstream liquid resin is offered for delivery in barrels of 24500-25200 yuan / ton.

Despite the rise of raw material phenol ketone, it is difficult to have an impact on bisphenol A. the contradiction between downstream bisphenol A and downstream epoxy /pc is more prominent. It is expected that there will be further downward expectations. The domestic bisphenol a supply is sufficient, the downstream continues to fall and the trading volume is difficult to improve. The short-term market is still dominated by bad news, and the bottom will continue to be explored next week.