The domestic bisphenol a market continued to decline this week. First, the logistics was seriously blocked under the influence of the epidemic, and the confidence in buying and selling bisphenol was insufficient. Second, the sharp decline of crude oil during the week increased the negative factors of crude oil pure benzene phenol / acetone, which made it difficult to support the cost side. In addition, the demand of downstream epoxy resin and PC end industries continued to be insufficient, and the procurement was limited. According to the monitoring data of business agency, the average offer in East China was 17100 yuan / ton on March 11 and 16400 yuan / ton on March 18, down 4.09% during the week.

The decline of international crude oil is obvious. The decline of crude oil has a negative impact on the downstream pure benzene and propylene. Both phenol and acetone show a downward trend, the cost side is bad, and the confidence of the industrial chain from top to bottom is frustrated.

This week is still affected by the negative cost side, coupled with the rapid decline affected by the epidemic, and the trading on the floor is not smooth. According to the monitoring data of business agency, the daily offer was 11175 yuan / ton on March 11, and the market offer was 10787 yuan / ton on March 18. The decline was obvious during the week, with a decrease of 3.03%. As of the 18th, the offer in East China market was about 10750 yuan / ton, that in South China was about 10850 yuan / ton, and that in North China and surrounding areas of Shandong was about 10800 yuan / ton.

This week, the domestic oil price fell sharply, the cost support weakened, and the domestic acetone market fell sharply. According to the monitoring of business agency, in the East China market, the mainstream offer in East China rose to 6300 yuan / ton on March 10 and fell to 5800 yuan / ton on March 17. In the first half of the week, the domestic epidemic continued to intensify, and the logistics and transportation were seriously blocked. On the one hand, the petrochemical enterprises were blocked from leaving the warehouse, on the other hand, the Jiangyin reservoir area was basically closed, so it was difficult to ship. The acetone market plunged to 5800 yuan / ton during the week, Then, after a rapid decline, the low price intention weakened, and there was no lack of price support. At this time, the crude oil rebounded near the weekend, and the acetone offer in East China rose to 6000 yuan / ton. As of the press date, the negotiation in East China is 6000 yuan / ton, the offer in Shandong is 5850 yuan / ton, the offer in Yanshan surrounding areas is 5850 yuan / ton, and the offer in South China is 6150 yuan / ton.

During the week, the domestic epoxy resin market suffered a setback, and the negotiated price in the liquid resin Market in East China was 26300-27200 yuan / ton (delivered in barrels). Affected by the epidemic, most regions in China were blocked, the mentality of cargo holders was under pressure, and the intention to ship increased.

In the short term, there was no significant positive performance in the upstream and downstream. This week, domestic bisphenol A was auctioned for 15600 yuan / ton on Monday and 15300 yuan / ton on Thursday, which fell during the week. At present, the inventory of cargo carriers is on the high side, and the epidemic will continue to affect the market mentality. The business society expects that the short-term weakness of bisphenol A may continue, focusing on the overall adjustment and operation.