The domestic bisphenol A market first suppressed and then rose, mainly due to mid month equipment maintenance and unplanned parking, which tightened the supply of bisphenol A in the market and drove it up. According to the Commodity Analysis System of Business Society, on November 1st, the mainstream market price of bisphenol A was quoted at 10062 yuan/ton, and on November 15th, it was quoted at 9450 yuan/ton. At the end of the month, the market once again rose to 10137 yuan/ton, with a monthly amplitude of 7.28%.

Region/ Price on November 1st/ Price on November 15th/ November 30th

East China region/ 10100./9550./10150

Shandong region/ 9900./9400./10100

Entering November, the two major downstream epoxy resins and PC of bisphenol A have weakened due to fluctuations, and the high levels of phenol and acetone at the raw material end have rebounded. The market sentiment of bisphenol A has weakened, and some factories and intermediaries have increased their intention to reduce inventory. Low price quotations are frequent, and the bisphenol A market has fallen from 10062 at the beginning of the month to 9450 yuan/ton at the end of the 15th day.

In the second half of the month, accompanied by a decrease in market inventory, domestic equipment malfunctions and some equipment shutdowns for maintenance. Among them, Cangzhou Dahua experienced a malfunction shutdown on November 12, Jiangsu Ruiheng Phase I experienced a malfunction shutdown on November 17, Zhejiang Petrochemical Phase I equipment shutdown for maintenance on November 21, and Changchun Chemical’s 270000 tons/year equipment shutdown in the first half of the month. The supply side is expected to tighten significantly, and in the second half of the month, both raw materials will rise, supported by cost side support, The bisphenol A market in East China has expanded to 10100-10150 yuan/ton. Quotation situation of bisphenol A in the mainstream domestic market:

Market forecast: In terms of supply, the shutdown and maintenance of bisphenol A in December will decrease, and the maintenance equipment in November will stabilize operation in December. Additionally, three new bisphenol A equipment sets are planned to be put into operation. Considering the supporting equipment, there will still be a significant increase in the supply chain in December. On the demand side, there is a lack of significant benefits for downstream epoxy resins and PC terminals. Despite the expectation of new equipment being put into operation, the growth rate of demand is far lower than the supply expectation. From a cost perspective, the short-term fluctuations in the operation of the dual raw materials phenol and acetone are the main factors. Considering the continuous loss of bisphenol A in the early stage, the impact of cost on bisphenol A may be relatively small. Business Society predicts that, considering the many variables in the production of new devices and the difficulty in achieving significant positive demand, the bisphenol A market in East China may show a trend of first rising and then falling.