Daily Review of Bisphenol A: Continue to rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 2, 2010: The domestic bisphenol A market continues to rise, but is still rising.
On the last trading day (September 1), the mainstream transaction price in East China in the mainstream market has formed a range of 18,500 to 18,700 yuan/ton, with a 500 yuan/ton increase for the low end and an increase of 200 yuan/ton for the high end.
According to the analysis of market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), despite the recent sharp drop in crude oil on the same day, the supply was tight and the supply side was well supported.
The price continued to be strong all the way, and the limited offer pulled to 19,000.
It is not easy to find goods in a narrow range and low prices in actual negotiations.
Due to the excessive growth rate and huge pressure on the downstream industry, it will take a certain time for the cost to pass and digest.
It is cautious to catch up the increase, and the price is high and the volume shrinks.
The spot market continues to rise, resources are still tight, the external market has repeatedly pulled up, and the sentiment of sales is still strong.
The related product cyclochloride has further increased.
The end-user production and sales of goods need to be paid attention to.
The gap between the manufacturer's quotation and the current price is widening and it is worth observing.
The supply of goods is tight, the market is further pushed up, and the merchants are reluctant to sell and have a strong intention to increase the price.
The bisphenol A external disk market has further risen.
Bonded or cargo offers are 2150-2200 US dollars/ton, and the market has reached a high of 2100 US dollars/ton.
There are not many sources of pure phenol raw materials, and the merchants control the sales.
Eastern China negotiates 15500 yuan/ton, and the East China port arrives at 5,000 tons at the end of August and early September; the supply of acetone is relatively abundant, and the market is narrowed.
Ton.
The supply of goods is still tight, short-term replenishment is not easy, the internal and external markets are high, and the strong bisphenol A market is expected to continue.

    On the last trading day (September 1), the supply of BPA market was tight, the spot opened higher, and sporadic offers were 19,000 yuan/ton, low prices were hard to find, and negotiations had exceeded 18,500 yuan/ton.
Downstream tentative inquiries were made and positions were covered at reasonable prices.
The spot is volatile at a high level and the wait-and-see atmosphere is strong.
The overall market supply is still tight, domestic new prices have been introduced, and the bottom of the market is gradually consolidated; the raw material phenol ketone market is favorably supported, and Mitsui Japan will cut production for half a month; bisphenol A Nantong plant will stop production , 3 sets of installations in South Asia are scheduled to be overhauled, and Chiba installations unexpectedly cut production, which may increase tension, and there is no lack of further speculation.
The price of raw material phenol continued to rise.
Tianjin Zhongsha shut down on the 26th and was overhauled in Yanshanshan District in early September.
The output was about 14,000 tons lost.
The internal and external disks are expected to be solid.
Acetone is arranged sideways and the inventory is slowly digested.
According to market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 18,700~19,000 yuan/ton, the low-end price is raised by 200 yuan/ton, and the mainstream transaction price is 18,500-18700 yuan/ton.
Tons, low-end prices are raised 500 yuan/ton/high-end prices are raised 200 yuan/ton; Huangshan area’s mainstream quotations are raised by 19000 yuan/ton, low-end prices are raised by 500 yuan/ton, mainstream transaction prices are raised at 18700-18900 yuan/ton, and low-end prices are raised by 400 yuan/ Tons/high-end increases by 300 yuan/ton; North China’s mainstream quotations are increased by 19,000 yuan/ton, low-end prices are increased by 500 yuan/ton, mainstream transaction prices are increased by 18,700-18,900 yuan/ton, and low-end prices are increased by 400 yuan/ton/high-end by 300 yuan/ton ; Mainstream quotations in South China are 19200-19500 yuan/ton, low-end prices are raised by 200 yuan/ton, mainstream transaction prices are raised by 19000-19200 yuan/ton, and low-end prices are raised by 500 yuan/ton/high-end by 200 yuan/ton.

    Domestic bisphenol A manufacturers' quotations have entered a new high range.
Waiting and watching the market, starting to welcome the market, raw material cost support is strong, and the overall rise to a big step, coupled with the shortage of capital resources, manufacturers finally move; most of the production equipment is operating normally, some have begun to be overhauled, and the start-up has declined, but the main equipment is fully loaded In operation, the products are still mainly for self-use, and the number of external supply is limited.
Some devices are scheduled to be overhauled for half a month next month.
According to market experts from the China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 18,000 yuan/ton, mainly for downstream polycarbonate devices and some external sales.
Based on the city, the 100,000+110,000 tons/year bisphenol A unit is operating normally, with 80% load, and the 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 18,000 yuan/ton, 120,000 tons/year The bisphenol A plant is operating at full capacity, the contract supply is the main focus, and the spot trend is paid more attention; Wuxi resin is closed, the preliminary ex-factory price is 17,500~18,000 yuan/ton, and the main supply of Xitong epoxy resin plant (total capacity is 100,000 tons/ Year), Wuxi polycarbon grade products are ready for export, Nantong epoxy grade products are mainly used for self-use, Wuxi 25,000 tons/year bisphenol A plant short-term shutdown and maintenance, Nantong 90,000 tons/year bisphenol A plant shutdown and maintenance, time is 2 weeks ; Zhongxin Chemical closed the disk, the initial ex-factory price was 16,900 yuan/ton, the 25,000 tons/year bisphenol A plant was operating at full capacity, and the products were only for self-use and the main supply Suicheng epoxy resin plant (overall production capacity exceeded 50,000 tons/year ), the upstream 200,000 tons/year phenol ketone plant is operating stably.

(Our reporter Lan Xin)

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