Daily review of bisphenol A: a little down

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 2, 2008: The domestic bisphenol A market is consolidating at a low level, with a slight decline, on the trading day (December 1 Japan) The mainstream transaction price in East China in the mainstream market is operating in a narrow range at 8,000 yuan/ton, and the high-end price is lowered by 200 yuan/ton.
Market experts from China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market was not very clear that day.
Downstream users and holders of goods waited and watched, quotations fell, negotiations were at a low end, and buyers were not interested.
Strong, limited popularity, the overall pace of shipments tends to be slow, downstream industries digesting inventory turned to wait-and-see, the market outlook is not optimistic, and is facing a test; however, the external market is slightly stronger, and the Northeast Asian spot valuation is raised by US$10/ton to 870~ US$930/ton (CFR China's main port).
In October, the import volume was small, and the offshore manufacturers controlled the start of construction and adhered to the quotation.
Together with the stability of the Chinese spot market in the early period, it supported its current market; in fact, the import was concentrated last weekend.
, The downstream has gradually left the market, the spot is showing signs of weakening, the market fundamentals are still little changed, especially epoxy resin is still in the off-season, in which the liquid resin inventory needs to be digested, and the solid resin start-up space is limited, including 12 Within February, the Russian supply will have thousands of tons of supplements, and all parties in the market are paying great attention to this.
Will the market mentality and sales rhythm change as a result? Can unilateral cost constraints and merchants' high prices match the negative factors of concentrated arrivals? These have yet to be verified by time, and one thing is basically certain-that it is not easy to get stronger.

On the trading day (December 1), the domestic BPA market was operating slightly.
Recently, imported goods have been replenished, but customs clearance and sales are still taking time.
The increase in spot circulation resources is limited.
The cost support and mentality of the holders are acceptable, but the market It has been reflected, the market has moved down slightly, the downstream is temporarily digesting the inventory, cautiously waiting and watching, purchasing interest is not strong, and the overall transaction volume is generally high; the upstream and downstream are gradually entering the consolidation channel, the market fluctuation space is not large, the market demand is still unsatisfactory, and the market outlook is still difficult Optimistically, the mainstream market East China raw materials-phenol prices 5700-5800 yuan / ton, acetone prices 5100 yuan / ton; domestic manufacturers still have limited fluctuations, most of them continue to close, most of the production facilities have been shut down and newly built start-ups have been put into operation, of which Sinopec Mitsui has been put into operation It is smooth, and there will be product output in the near future, which deserves great attention.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 8000~8200 yuan/ton, the price is reduced by 200 yuan/ton, the mainstream transaction price is 8000 yuan/ton, and the high-end price is lowered.
200 yuan/ton; mainstream quotation in Huangshan area is 8200-8400 yuan/ton, down 200 yuan/ton, mainstream transaction price is 8200 yuan/ton, high-end price is down 200 yuan/ton; mainstream quotation in North China is 8300-8500 yuan/ton, low-end Decrease 300 yuan/ton/high-end down 200 yuan/ton, mainstream transaction price 8,300 yuan/ton, high-end price down 100 yuan/ton; mainstream quotation in South China 8500-8700 yuan/ton, down 200 yuan/ton, mainstream transaction price 8,500 yuan /Ton, high-end lowered by 100 yuan/ton.

    Domestic bisphenol A manufacturers have limited fluctuations and most of them have been closed.
Most of the production facilities have been shut down and new start-ups have already been put into production.
Sinopec Mitsui’s new facilities have been put into operation smoothly and are expected to be discharged in the near future.
All parties are paying great attention to the progress; each plant has downstream supporting facilities, The scale of external supply is very limited, raw material support is limited, cost factors are weak, downstream demand is weak, and shipments are difficult to see good results.
The market outlook is temporarily weak and the majority of residents are still reluctant to wait and see; the installation load is still low, including: Bayer Shanghai continues to stop, Wuxi Resin has started and stopped.
Zhongxin Chemical's load is average, and Sinopec Mitsui is about to discharge the material.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer Shanghai closed the disk, the pre-ex-factory price was 17,700 yuan/ton, mainly self-supporting, limited export scale, 110,000 tons/year double The phenol A plant was shut down on October 30.
It is planned to end the year.
The first 100,000-ton/year polycarbonate plant will have low load, and the second 100,000-ton/year polycarbonate plant will be mechanically completed in October; Wuxi resin will be closed.
, The initial quotation is 17,500~18,000 yuan/ton.
The products are mainly for self-use and rarely sold externally.
The 16,000-ton/year bisphenol A plant may be shut down and restarted on April 17th.
The 25,000-ton/year bisphenol A plant is in operation.
Normally, the 90,000 tons/year bisphenol A plant in Nantong is under construction, and the commissioning is postponed to the second quarter of 2009; Zhongxin Chemical’s ex-factory price is 8,500 yuan/ton, and the 25,000 tons/year bisphenol A plant has a low operating load.
Oxygen resin plant (intermittent start-up and inventory digestion); Sinopec Mitsui's 120,000-ton/year bisphenol A plant was completed in late October, and it was officially put into use in early November and is expected to be discharged in early December.
The products are mainly sold to polycarbonate users.

(Our reporter Lan Xin)

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