Why Do Plastic Materials Rise So Sharply Recently?

Dec 10, 2020

Leave a message

As the raw material of PC, bisphenol A has been rising, and the supply is still tight. In addition to PC, epoxy resin also uses it, and the price of epoxy resin has risen more than PC! Next, we look at the bisphenol market today.

On October 13, Sinopec Mitsui’s bisphenol A quotation was raised by 100 to implement 12,500 yuan/ton. At present, the company’s bisphenol A products are mainly supplied to long-term customers, and the 120,000 tons/year bisphenol A plant is operating at full capacity.

Now the price of epoxy resin has also successfully exceeded the target of 20,000 yuan per ton. It is expected that the domestic market will be in this state for a period of time. Low prices are hard to find, and epoxy resin prices will always remain high.

The price of epoxy resin will always be high. In fact, there is a problem of raw materials. Epoxy resin is the product of epichlorohydrin and bisphenol A or polyol. The raw material propylene in epichlorohydrin is basically not so much. Floating, the price of glycerin has been rising, so the cost is relatively stable.

But bisphenol A is very unstable. Before the National Day, the price of bisphenol A has been rising when companies are replenishing large quantities.

Nowadays, in the market, companies are becoming more and more resistant to the high cost of raw materials, and the supply of epoxy resin is relatively tight. It can be said that the supply exceeds supply. Although the epidemic has eased, the impact has always existed in the market. In the recent period, the price of epoxy resin has been fluctuating at a high level. It is still necessary to solve the problem of raw material cost and downstream enterprise demand as soon as possible.

In the short term, PC market prices continue to run at a high level, and the tight spot situation has not eased in the short term. The raw material bisphenol A offers high, and domestic companies still have room for ex-factory offers, and the intention to decline in the short term is weak.