After the holiday, the bisphenol A market showed some calmness, and the market offer on the first trading day was not clear. The trading parties had a strong wait-and-see atmosphere, with the main factories maintaining stable quotes and Lihua Yiwei Yuan continuing to list prices at 9600 yuan/ton. In terms of the market, negotiations in North China were close to 9600 yuan/ton, while negotiations in East China were between 9800-10000 yuan/ton. Short term fluctuations in the bisphenol A market were limited.

Cost support has weakened, and the domestic phenol market has limited fluctuations after the holiday. Some regions have negotiated a slight decline, with prices in the East China region at 7950-8000 yuan/ton. However, due to a slight decrease in post holiday port inventory, holders have little intention of lowering prices. However, there is a strong wait-and-see atmosphere among buyers, and trading in the phenol market after the holiday is limited. The mainstream market for acetone in China has slightly declined, with a decrease of 50 yuan/ton. The negotiations in the East China region are between 8150-8200 yuan/ton, while those in the South China region are at 8300 yuan/ton. The demand is weak, and there is insufficient trading volume after the holiday.

The downstream epoxy resin market operates quietly, the market lacks information guidance, and the factory’s listed price remains stable. The downstream just needs to follow up, and there is little turnover. The mainstream negotiations of East China liquid resin and Mount Huangshan solid resin are both 12600-12900 yuan/ton. The downstream PC market is experiencing a weak downturn, with some regions experiencing a decrease of around 100 yuan/ton compared to before the holiday. The negotiated price for injection grade low-end materials in East China ranges from 14500 to 16500 yuan/ton. The spot market is operating weakly, and short-term business confidence is clearly lacking.

During the holiday, crude oil continued to decline, and the bisphenol A industry chain operated weakly in its first trading day. At present, there is not much fluctuation in the supply of bisphenol A, and downstream co production lines mainly digest inventory or contracts. There is currently a lack of positive support in the upstream and downstream. In the short term, we will pay attention to the trend of bisphenol A factories, and Business Society expects the bisphenol A market to adjust and operate within a certain range.