In July, the domestic bisphenol A market showed a trend of first rising and then declining. On July 1st, the mainstream price in East China was discussed at 9212 yuan/ton, and as of the 25th, the market was quoted at 9670 yuan/ton, an increase of 4.97%. Among them, on the 13th, the market rose to 10000 yuan/ton, maintaining the trend for nearly a week, with an amplitude of 8.55% in July.

In early July, the upward trend continued in mid to late June, with prices rising from 8700 yuan/ton in the early stage to 10000 yuan. This was mainly affected by supply side tensions. However, after maintaining a high price in mid July, due to severe demand shortage, the bisphenol A market turned downward, and the operating rate increased in late June. The severe supply side tension was alleviated, and as of July 25th, the market negotiations reached around 9700 yuan/ton.

The supply side eased in late July. Guangxi Huayi Bisphenol A Plant has restarted, and the operating rate has further increased. It is expected that the operating rate will increase to around 80% in August, indicating an improvement in market supply.

The two downstream markets further differentiate, resulting in sluggish demand for epoxy resin terminals, few new orders, and a weak market focus. The overall operating rate of the PC end has improved, with an increase in bisphenol A, but many devices are equipped with bisphenol A or have contracts, which has little impact on the market.

Cost side benefits support. Under the tight supply of dual raw materials phenol and acetone, prices continue to rise. On the other hand, due to the strong crude oil, the cost side is supported. The impact of factory inflation, limited import sources, and strong crude oil has a high probability of phenol and acetone firming up in the short term

The business society believes that the raw materials are strong and the upward cost support is strong, but the demand follow-up is slow, and it is difficult to make significant improvements in the short term. The supply side has improved, but the supply source is relatively concentrated, and the holders are clearly not willing to offer profits for shipment. Under the influence of multiple factors mentioned above, the rise and fall trend of bisphenol A depends on the changes in the influencing factors. On the 25th, there was a correction in the closing price, which does not exclude the possibility of a slight increase in the short term. However, the long-term sustained upward trend depends on the improvement of downstream demand.