Daily review of bisphenol A: a slight warming

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 26, 2009: The domestic bisphenol A market continues to rise within a narrow range.
On the last trading day (March 25), the mainstream transaction price in East China in the mainstream market began to reach 7500 yuan/ton, and the low-end price increased by 200 yuan/ton/ the high-end price rose by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment improved slightly on that day, quotations continued to be firm, low-price resources were hard to find, and the spot supply was tight.
Traders were reluctant to sell and watch the market.
With a better mentality and positive buyer sentiment, crude oil prices continued to rise and direct raw materials rose slightly, which brought positive support and promoted a narrow range of gains.
The upstream raw material market continues to perform strongly.
The benchmark price of pure benzene in Asia has risen to nearly US$490/ton (FOB), up more than US$80 from the beginning of the month.
The mainstream domestic East China spot market has increased to 3850 yuan/ton.
The propylene external disk closed at 780 US dollars on Tuesday, an increase of about 140 US dollars/ton from the beginning of the month.
The domestic Shandong market further raised prices and mainstream negotiations were about 7500 yuan/ton; the phenol ketone market was restricted by the upstream rise, and some regional producers quoted phenol at US$650/ton CFR.
, Acetone is about US$630/ton, an overall increase of US$20-30/ton from last week.
The upstream raw material market is trending strongly.
Affected by the recent sharp rise in crude oil, the strong futures and stock markets, petrochemical bulk products are heating up one after another, the BPA spot market is heating up step by step, and the external market offers are gradually rising to 860~900 The high level of US dollar/ton, the price below US$830/ton gradually disappeared, which was an increase of US$30/ton from 20 last weekend.

    On the trading day (March 25), the domestic bisphenol A market consolidated upward, and the atmosphere improved slightly.
Spot market resources were tight, and merchants waited and waited to sell.
The overall transaction was limited and low-cost resources were hard to find.
Manufacturers continued to control the start of construction and production was limited.
; The focus of external talks has also shifted slightly.
Recently, international crude oil has risen and has passed the line of 50 US dollars per barrel.
The depreciation of the US dollar has stimulated commodities and the market has regained the meaning of recovery.
The main manufacturers of phenol A have firmed their quotations.
Currently, regional market suppliers offer offers , Mostly US$850-880/ton (CFR China main port).
The raw material phenol market continues to trend steadily, mostly with high-end shipments from merchants.
Eastern China negotiates 5200-5300 yuan/ton; acetone market fluctuates and some middlemen are low, and Eastern China negotiates mostly 5150-5200 yuan/ton , Is currently in the digestion stage, and small and medium-sized orders are generally purchased.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7600-7700 yuan/ton, an increase of 100 yuan/ton, the mainstream transaction price is 7500 yuan/ton, low-end Increase by 200 yuan/ton/high-end by 100 yuan/ton; mainstream quotations in Huangshan area are 7700-7800 yuan/ton, by 100 yuan/ton, mainstream transaction prices by 7,600 yuan/ton, low-end by 200 yuan/ton/high-end by 100 yuan /Ton; the mainstream quotation in North China is 7700-7800 yuan/ton, an increase of 100 yuan/ton, the mainstream transaction price is 7500-7700 yuan/ton, the low-end price is increased by 100 yuan/ton/the high-end price is increased by 200 yuan/ton; the mainstream quotation in South China is 8100 ~ 8,200 yuan/ton, an increase of 100 yuan/ton, mainstream transaction price 8,000 yuan/ton, low-end price increase of 200 yuan/ton/high-end price increase of 100 yuan/ton.

    The operation situation of domestic manufacturers' installations is maintained-the start of construction has resumed slightly, half of which is low, Sinopec Mitsui resumes normal, Zhongxin Chemical continues to stop, and the rest are running at low load; the quotation situation is still-half of the offer, half of the offer is closed, and the high end is still 7600 yuan /Ton, flat market; the overall characteristics are still: high production capacity, discourse power waiting to be improved, overall low load of installations, clear quotation part, self-supporting mainly, and a small amount of external supply.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), on that day: Bayer Shanghai’s ex-factory price was 7500-7600 yuan/ton, and the products were mainly for self-use, 11+100,000 tons/year of bisphenol A plant The load is not high, the overall load is less than 50%, the first set of 100,000 tons/year polycarbonate plant has a low load, and the second set of 100,000 tons/year polycarbonate plant was completed in October 2008/started in December; Sinopec Mitsui The ex-factory price is 7300~7400 yuan/ton, and the 120,000-ton/year device is operating normally.
The product is mainly supplied to the contract user-polycarbonate manufacturers; Wuxi resin is sealed, and the initial price is 17500~18000 yuan/ton, and the product is used for its own use.
There is basically no export sales-the main supply of Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), the 16,000 tons/year bisphenol A unit will be shut down and restarted on April 17th, and 25,000 tons/year double The phenol A plant is operating normally and the catalyst replacement plan is about to be implemented.
The production of the 90,000 tons/year bisphenol A plant in Nantong has been postponed to June; Zhongxin Chemical closed the disk, and the initial ex-factory price was 8,000 yuan/ton, and the 25,000 tons/year bisphenol A plant The shutdown last weekend and the plan is postponed to the end of the month.
The product is mainly supplied to the Suicheng epoxy resin plant (the overall production capacity is more than 50,000 tons/year), and there is not much export.

(Our reporter Xingchen)

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