This week’s bisphenol a market was mainly down, mainly due to poor demand, and the decline of upstream and downstream products of the industrial chain, with many negative factors. According to the monitoring data of business society, the average offer in East China was 19000 yuan / ton on February 14, and the average market offer fell to 18650 yuan / ton on February 21, with an overall decline of 1.84% during the week.

From the raw material side, the phenol and acetone market showed a downward trend. Among them, the phenol market fell from an average of 11412 yuan / ton to 11012 yuan / ton, down 3.5%. The market offer in East China is 11025 yuan / ton, the offer in Shandong and Yanshan surrounding areas is also 11025 yuan / ton, and the offer in South China is 11050 yuan / ton. The acetone market fell from 6075 yuan / ton to 5912 yuan / ton, down 2.67%. The offer in East China was 5700 yuan / ton, that in South China was 5850 yuan / ton, and that around Yanshan and Shandong was 5950-6000 yuan / ton.

The downstream epoxy resin market negotiation was loose and the performance was extremely cold in the week. Among them, the liquid resin negotiation in East China is 28500-29500 yuan / ton.

From the perspective of business society, the auction continued to fall this week, and the upstream and downstream of the industrial chain are declining, which is bad for the market; However, the supply side of bisphenol a market is still tight, the factory offer is strong, and the goods holders follow the market. The business society expects the bisphenol a market to maintain stable operation in the short term