Daily review of bisphenol A: a slight increase

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 12, 2009: The domestic bisphenol A market continued to rise slightly, the mainstream market on the trading day (February 11) The mainstream transaction price in East China has moved up 7300-7500 yuan/ton and 100 yuan/ton.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to pick up on that day, and the hype increased the atmosphere.
The manufacturers continued to control the start of construction, and the negotiations were fine-tuned day by day, and high-end products were more conflicted.
There are many enquiries and few actual discussions; foreign market prices continue to rise, and European and American ocean-going offers are concentrated, mostly at US$850-900/ton (CFR China's main port), but the actual negotiated price is slightly lower; Asian near-ocean offers are opened Interval, mostly between 820-850 US dollars/ton (CFR China main port).
The raw material phenol ketone market has risen to varying degrees.
The price of phenol in East China has been pushed up and has reached 4500-4700 yuan/ton.
The trend is bullish and the supply of Yanshan is tight.
Therefore, merchants intend to increase their quotations, but there is currently a lack of transaction volume support; the price of acetone in East China 4700~4800 yuan/ton, the cost of raw materials continued to rise, leading to the initiation of lifting emotions; at the same time, the outer plate of phenol ketone continued to rise, giving strong support to the bisphenol A market.
The downstream epoxy resin has a strong wait-and-see atmosphere.
Manufacturers start to recover slowly, raw materials are cautiously obtained, and the price of bisphenol A lacks transaction support.
The current market is slightly warm, and the market is operating within a narrow range.
Although resources are limited, merchants are reluctant to sell, and the focus of price negotiation is It keeps moving up, but market speculation factors cannot be ruled out.

    On the trading day (February 11), the domestic bisphenol A market sentiment was wait-and-see, the market rose slightly, spot resources were limited, merchants were still reluctant to sell, and the regional market improved to varying degrees.
The current main features are prominent: low-priced resources are difficult to find, Subsequent resources are limited to make up for it, external disk prices continue to rise, and market confidence slightly improves, but the market’s wait-and-see atmosphere is relatively strong; recently the domestic market has risen slightly, and the wait-and-see atmosphere has not weakened.
Life manufacturers continue to control the start of construction, and most market merchants are reluctant to control sales.
The market is still supplied with imported resources, and the overall cost price is not high.
Pay close attention to the pace of its shipments, stimulated by the favorable start of the chemical market, and the mentality of traders has improved.
It is expected that the market will continue to fluctuate slightly, and the trend will not be fundamentally reversed.
The post-holiday controlled basic raw materials, pure benzene and propylene, trended firm, and bisphenol A slightly increased in the Asian region.
There is little room for profit-holding merchants to negotiate, and the external market prices have begun to rise, forming a certain amount of support.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7500-7600 yuan/ton, the increase is 100 yuan/ton, the mainstream transaction price is 7300-7500 yuan/ton, Increase by 100 yuan/ton; mainstream quotation in Huangshan area is 7500-7700 yuan/ton, mainstream transaction price is 7400-7500 yuan/ton; mainstream quotation in North China is 7500-7600 yuan/ton, mainstream transaction price is 7400-7500 yuan/ton; South China The mainstream price is 8000~8100 yuan/ton, an increase of 100 yuan/ton, and the mainstream transaction price is 7800~8000 yuan/ton, an increase of 100 yuan/ton.

    The characteristics of domestic bisphenol A manufacturers are still: high production capacity, low load, low-key operation, unclear quotation, basic supporting facilities, and a small amount of external supply; although the production capacity has reached a new high, the power of discourse needs to be improved.
The current overall low load and full closure , Still reflects the heavy operating pressure of its operation, behind the fact that oversupply is causing trouble, and it is difficult to fundamentally reverse it in the short term.
According to market experts from 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.
The products are mainly for self-use, and the overall load is less than 50%, 11+10 The load of the 10,000-ton/year bisphenol A device is not high, and the overall load is 50%.
The first set of 100,000-ton/year polycarbonate device has a lower load, and the second set of 100,000-ton/year polycarbonate device was mechanically completed in October 2008.
/Start-up in December; Sinopec Mitsui’s 120,000-ton/year plant resumes discharging, limited load, low product inventory, and main contract users-mainly polycarbonate manufacturers; Wuxi resin is closed, and the initial quotation is 17,500~18,000 yuan/ Ton, the product is for self-use and basically no export-the main supply is for the Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), and the 16,000 tons/year bisphenol A plant will be shut down and restarted on April 17th.
The 25,000-ton/year bisphenol A plant is operating normally, and the catalyst replacement is planned.
In March, Nantong’s 90,000-ton/year bisphenol A plant is scheduled to be put into operation in the second quarter; Zhongxin Chemical will be closed, and the initial ex-factory price of 8,000 yuan/ton, 25,000 tons/year The bisphenol A plant was operated at low load every year, and the main supply was the Suicheng epoxy resin plant (overall production capacity was over 50,000 tons/year), and there were not many exports.

(This station reporter Shuohua)

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