Daily Review of Bisphenol A: Atmosphere Maintenance

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 29, 2010: The domestic bisphenol A market is maintained at a high level.
On the last trading day (April 28), the mainstream transaction price in the mainstream market in East China was temporarily stable in the range of 16,500-16,600 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened flat in the morning and then maintained.
The overall atmosphere was general and the trend of high-level consolidation was slightly obvious.
The raw material market consolidated during the week and the external disk was at a high stalemate.
Spot impulse momentum has weakened.
Some small and medium-sized retail investors are wary of high-level risks, and have certain intentions to ship goods, and follow up further attention; market conditions are mainly arranged sideways, downstream digesting inventory, and the wait-and-see atmosphere is strong, and some small and medium-sized retail investors are willing to cover up and purchase at reasonable prices.
Generally, the direction of related products is unknown, and more attention is paid to the downstream.
The raw material pure benzene continues to trade sideways inside and outside, and the mainstream negotiation price in East China is 7800-7850 yuan/ton; phenol-acetone fluctuates slightly, and the transaction volume is average.
The mainstream negotiation price in East China is: phenol 14400-14500 yuan/ton, acetone 8500-8550 yuan/ton /Ton.
The downstream epoxy resin ushered in a new round of rising, mainly driven by the cost of raw materials.
Although the downstream part has shown resistance, there are many people who are supported by cost and cautiously optimistic.
The market needs to slowly accept the process; the market in Europe and the United States is firmer than Asia, and imports Epoxy resin cargo is scarce.
This week, the high level of bisphenol A turned into turbulence, the market was cautious, and some cash-out profits increased.
Due to the continuous strengthening of the spot market and the continuous maintenance of the external market, the overall market atmosphere is expected to continue, and the high level of volatility is expected to continue.

    On the trading day (April 28), the bisphenol A market opened slightly higher, but still warmed up.
The offer trended towards 17,000 yuan/ton, but the upward trend slowed down.
The main downstream market consumes more inventory, and active inquiries are generally , Some merchants cash in profits, price fluctuations have slowed, market inertia wait-and-see, and trading atmosphere is general; domestic manufacturers are actively bidding prices, merchants have little intention to control shipments and low-level shipments, and pay close attention to downstream and related products, and the spot is high The shock finishing continues.
The price of bisphenol A in the external disk continued to be firm, and the regional market was offered at US$1970-2000/ton (CFR China's main port).
High risks accumulate and chase rises cautiously.
International crude oil opened higher and fluctuated, the raw material pure benzene was in a deadlock in Asia, and there was a certain downward adjustment in the spot; the phenol market was going sideways and the trading volume was average; the acetone market was in a stalemate and was left to vote for maintenance.
Manufacturers' prices are firm, external disks remain high, and the overall market attitude is cautiously optimistic.
In view of the excessively rapid gains in the previous period and the strong gains of related products, the market pays more attention and focuses on short-term high levels.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16,700～17,000 yuan/ton, the mainstream transaction price is 16,500～16,600 yuan/ton; the mainstream quotation in Huangshan area is 16,800～ 17000 yuan/ton, the mainstream transaction price is 16600-16700 yuan/ton; the mainstream quotation in North China is 16800-17000 yuan/ton, the mainstream transaction price is 16600-16700 yuan/ton; the mainstream quotation in South China is 17200-17500 yuan/ton, the mainstream transaction price 17000～17100 yuan/ton.

    Most domestic bisphenol A manufacturers are clear, stationed at 17,000 yuan/ton, their mentality is still good, most of the quotations are clear, some devices are unstable, and new devices have not been released.
Recently, the raw material phenol has been rising frequently, and the cost has risen significantly, and the market outlook is cautiously optimistic.
.
The main characteristics of the overall operation are still manifested as follows: cater to the market, increased operational efforts, wait-and-see push to increase, better operational mentality, maintenance of load, and low capacity utilization.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 17,000 yuan/ton, mainly for downstream polycarbonate devices, and a small amount of external sales, 100,000 tons/year The bisphenol A unit is operating at full load, the 110,000-ton/year bisphenol-A unit is shut down due to failure, and the 100,000+100,000-ton/year polycarbonate unit is switched on and off; Sinopec Mitsui’s ex-factory price is 17,000 yuan/ton, 120,000 tons/year The bisphenol A plant started at full load and may be overhauled in June.
The products are mainly supplied to contract users, and the shipment situation remains stable; Wuxi resin is closed, the initial ex-factory price is 17500-18000 yuan/ton, the product is for self-use, and there is no export sales in the near future.
Supplying Xitong epoxy resin plant (overall production capacity is over 100,000 tons/year), Wuxi 25,000 tons/year bisphenol A plant is operating normally and the load is average, Nantong 90,000 tons/year bisphenol A plant continues to test and produces qualified output So far unsuccessful; Zhongxin Chemical’s early ex-factory price was 16900 yuan/ton, which was increased by 900 yuan/ton from before closing.
The 25,000-ton/year bisphenol A plant was operating smoothly, and it may be shut down for maintenance in early May.
The upstream 200,000-ton/year phenol ketone plant It was shut down unexpectedly at the beginning of the week.
The main supply of Suicheng epoxy resin plant (overall production capacity exceeds 50,000 tons/year), mainly for self-use, and rarely for export.

(Our reporter Shu Huan)

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