SunSirs: Morning Forecast of Comestic Bisphenol A Market on November 11

Chemical News: SunSirs: Morning Forecast of Comestic Bisphenol A Market on November 11

https://www.chemnet.com Nov 11,2022 SunSirs
On November 11, the bisphenol A market increased slightly, and the market negotiation price was 12,000 RMB/ton. First, the market fell gradually to the bottom for a long time. Second, the overall operating rate of bisphenol A was around 60%. The manufacturers mainly delivered more contracts, and the market spot quantity was tightened.

However, at present, it is difficult to support the market from the cost side and downstream demand side. Yesterday, it was seen that the market transactions were mostly small orders and just followed up just on demand. The phenol in the upstream continuously decreased, while the epoxy resin in the downstream was still in a low state. SunSirs expects that the power for bisphenol A to continue to rise is insufficient, and it will operate with shock in the short term.
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