Daily Review of Bisphenol A: A Small Atmosphere

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 5, 2009: The domestic bisphenol A market continues to be sluggish and the atmosphere is slightly transformed.
On the last trading day (March 4), the mainstream transaction price in East China in the mainstream market basically maintained 7,200 yuan/ton on the first-line platform.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), although the market has changed slightly on that day, it has already increased the atmosphere, but the market is weak and most merchants are reluctant to sell and wait and see.
It is not easy to find goods at low prices in the market.
The downstream industry demand continues to be sluggish, and the use of them is mainly used; the price quotation the day before yesterday declined slightly, and the market actively offered fewer offers.
The wait-and-see atmosphere is thicker and the follow-up resources continue.
The raw material phenol ketone is weakly consolidating, and the downstream epoxy resin demand is not good, mainly due to the weak operation of end users-slow increase in operating load and cautious procurement of raw materials; in the external market of bisphenol A, the demand for bisphenol A is subject to weak demand and upstream-pure Benzene and phenol ketones-domestic weakening and consolidation, market intentions prices are low, only 800-830 US dollars / ton (CFR China's main port), substantive negotiations are still lacking; domestic manufacturers have partially resumed their offers, and some of them started to make up for the increase.
, Whether it intends to break through the flat atmosphere, still needs further observation.
There are few changes in downstream receiving goods, and the transactions are not active.
The buyers are still more cautious and wait and see.
On Tuesday, the European and American stock markets continued to fall, and the US stocks opened higher to stimulate a rebound in the oil market.
International crude oil Monday closed up 1.
50 US dollars/barrel to 41.
65 US dollars/barrel, but the overall chemical market atmosphere is still weak, basic raw materials such as pure benzene and propylene have fallen, and terminal demand is still comparable.

On the trading day (March 4), the domestic bisphenol A market continued to wait and see, the atmosphere was flat, there were fewer active offers, the wait-and-see atmosphere was strong, negotiated prices were lower, the market continued to be sluggish, trade merchants stayed on the sidelines, and consumer demand remained Poor, slow recovery of downstream construction and limited transactions.
The main weakness is still poor terminals and the market is more cautious in receiving goods; the domestic market is operating in a sluggish state, with fewer inquiries, and most market merchants are holding on to the sidelines-focusing on the market outlook, downstream Started, the raw material phenol is running weakly, and acetone is weakly consolidating-the overall wait-and-see atmosphere is strong; the external market is not prosperous at the same time, and the Asian negotiated price has fallen slightly, mostly at 810-850 US dollars/ton (CFR China main port), overall buying The intention is relatively light; the downstream epoxy resin market is mainly consolidating, end-user consumption is not good, and the goods are more cautious.
Domestic manufacturers generally say that recent orders have shrunk slightly compared with the previous period, and BPA is still difficult to obtain demand support, and the market continues to be weak.
Moderate operation and general volatility, the market mainly waits and sees, and the quotations are limited.
However, some manufacturers resume their offers.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 7400-7500 yuan/ton, the mainstream transaction price is 7200 yuan/ton; the mainstream quotation in Huangshan region is 7500-7600 yuan /Ton, the mainstream transaction price is 7300-7400 yuan/ton; the mainstream quotation in North China is 7500-7600 yuan/ton, the mainstream transaction price is 7300-7400 yuan/ton; the mainstream quotation in South China is 7900-8000 yuan/ton, the mainstream transaction price is 7700 yuan /Ton.

Some domestic manufacturers have resumed their offers, and some have reported increases.
The high-end can be at 7600 yuan/ton.
The basic characteristics remain: high production capacity, discourse power waiting to be improved, overall production of the device is low, no more comprehensive closure, operation continues Low-key, clear quotations, self-supporting mainly, and a small amount of external supply.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on that day: Bayer Shanghai’s ex-factory price was 7500-7600 yuan/ton, with an increase of 200 yuan/ton.
The products are mainly for self-use and the overall load is less than 50%.
, The load of 11+1 ton/year bisphenol A plant is not high, and the overall load is less than 50%, the first set of 100,000 tons/year polycarbonate plant has low load, and the second set of 100,000 tons/year polycarbonate plant in 2008 Mechanical completion in October/start-up in December; Sinopec Mitsui’s ex-factory price is 7,300-7,400 yuan/ton, 120,000 tons/year plant is operating normally, product inventory is small, and the main contract user is polycarbonate manufacturer; Wuxi resin seal The initial quotation is 17,500~18,000 yuan/ton, and the products are for self-use, basically no export—the main supply is for Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), and 16,000 tons/year bisphenol A plant in April It is impossible to stop and restart on the 17th.
The 25,000-ton/year bisphenol A plant is operating normally, and the catalyst replacement plan is March.
The 90,000-ton/year bisphenol A plant in Nantong is planned to be put into operation in the second quarter; Zhongxin Chemical will close the market and the preliminary ex-factory price 8,000 yuan/ton, 25,000 tons/year bisphenol A unit is operating at low load, the main supply is Suicheng epoxy resin unit (overall production capacity is more than 50,000 tons/year), and there is not much export.

(Our reporter Shu Huan)

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.