Daily Review of Bisphenol A: Continue to Warm Up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 11, 2009: The domestic bisphenol A market continued to pick up slightly, the mainstream market East China on the trading day (February 10) The mainstream transaction price in the region, although the range remains at 7200-7400 yuan/ton, the high-end center of gravity has further increased.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot resources in the market were limited on that day, and traders were still reluctant to sell.
The regional market improved slightly to varying degrees.
The current main characteristics are outstanding: low prices Resources are difficult to find, and follow-up resources are limited to supplement.
External disk prices continue to rise and market confidence improves slightly, 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 businesses are reluctant to sell The current spot market still has imported resources and the overall cost price is not high.
The market pays close attention to the rhythm of its shipments.
The market mentality has improved significantly due to the positive start of the chemical market.
It is expected that the market will continue to fluctuate slightly in the near future, and the trend will not be fundamentally reversed.
.
At present, the supply of goods in the ocean in Europe and America is relatively concentrated, mostly at US$850-900/ton (CFR China's main port).
This week, there are some discussions in progress.
The specific price and quantity are temporarily unknown; the basic raw materials will be accepted after the holiday.
The strong trend of pure benzene and propylene, and the slight upward trend of bisphenol A in Asia, has little room for business holdings to negotiate profit.
Currently, offers in Asia are closely tied to Europe and the United States at RMB 820-850/ton (CFR China's main port).

    On the last trading day (February 10), the domestic bisphenol A market has a strong wait-and-see atmosphere, and the center of gravity seems to have improved.
The overall spot resources are limited, and the positive atmosphere is unsatisfactory.
Manufacturers continue to control the start-up load.
Buyers seem to have more inquiries and limited actual transactions.
, Due to cost pressures and rising external markets; raw material phenol quotations rose slightly-mainly due to the strong high report of imported goods, east China quotations of 4,500 yuan/ton, acetone inquiries increased, and raw materials continued to rise-the market rose Intentions have increased; domestic manufacturers have higher production capacity and lower load, their operations continue to be low-key, and external supply quotations are generally unclear.
They are basically used for self-supporting, mainly for small shipments in the market, and are currently characterized by low overall load.
The market still reflects the dilemma.
Among them: Bayer Shanghai's 11+100,000 ton/year plant has started 50%, Sinopec Mitsui's 120,000 ton/year plant has limited load, Wuxi resin’s 16,000 ton/year plant continues to shut down, and 25,000 ton/year plant is in operation.
Normally, Zhongxin Chemical's 25,000-ton/year plant is operating at low load.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7400-7500 yuan/ton, the increase is 100 yuan/ton, and the mainstream transaction price is 7200-7400 yuan/ton; The mainstream quotation in Huangshan area is 7500-7700 yuan/ton, with an increase of 200 yuan/ton, the mainstream transaction price is 7400-7500 yuan/ton, with an increase of 100 yuan/ton; the mainstream quotation in North China is 7500-7600 yuan/ton, with an increase of 100 yuan/ton, The mainstream transaction price is 7400-7500 yuan/ton, an increase of 100 yuan/ton; the mainstream quotation in South China is 7900-8000 yuan/ton, an increase of 100 yuan/ton, and the mainstream transaction price is 7700-7900 yuan/ton.

    The main 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 market still reflects the heavy pressure of its operation, and it is actually caused by oversupply, 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.

(Our reporter Lan Xin)

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