In November, the domestic bisphenol A continued the quiet atmosphere in October, and the market price fluctuated lower, as of November 15, the mainstream market price in East China was 9500-9600 yuan/ton, down 550 yuan/ton from the end of last month, a drop of 5.45%. At the same time as the price fell, the bisphenol A market showed the operating characteristics of the industry profit and construction.
1. The overall market price of bisphenol A fell
At the beginning of the month, under the background of the downstream demand to follow the downturn, the bisphenol A market fell below the 10,000 yuan level all the way down, as of November 15, the mainstream negotiation price of bisphenol A in the East China market was 9500-9600 yuan/ton, down 5.45% from the previous month. During the period, the overall center of gravity of raw phenol acetone fell, the cost of bisphenol A was not supported, although some manufacturers of bisphenol A stopped for maintenance, but the market impact was limited, the industry was not confident in the future market, the cargo carrier made more profits to ship, the market center of bisphenol A was weak, but the downstream still maintained sporadic just need to replenish the main, the real single volume was insufficient.
2, bisphenol A industry profits and losses intensified
Since the end of October, the raw material phenol acetone has been shaken down, and the loss situation of the bisphenol A industry has been improved. At the beginning of November, the profits of the bisphenol A industry gradually improved to -271 yuan/ton, but in early November, the price of raw materials rose under the support of the supply side, but the price of bisphenol A frequently fell, and the profits and losses of the industry intensified. As of November 15, the profit of bisphenol A industry was -1067 yuan/ton, a decrease of 796 yuan/ton from the beginning of the month, a decline of 293.73%.
3. The utilization rate of bisphenol A capacity decreased
At the beginning of November, Zhejiang Petrochemical Phase II 240,000 tons/year, Yanhua carbon 150,000 tons/year of two bisphenol A devices synchronized parking, on November 8, Guangxi Huayi 200,000 tons/year bisphenol A device parking, Cangzhou Dahua 200,000 tons/year bisphenol A device temporary parking maintenance on November 13, bisphenol A capacity utilization rate decreased significantly, as of November 15, Bisphenol A capacity utilization rate fell to about 65%, down about 5 percentage points from the end of October.
Post time: Nov-17-2023