Daily Review of Bisphenol A: Exploring Qisan

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 16, 2008: The domestic bisphenol A market fell down, and went down to July 3, on the trading day (December 15) The mainstream transaction price in East China in the mainstream market dropped to 7,300-7,600 yuan/ton, and the low-end price was reduced by 100 yuan/ton.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s early trading and weak operations on that day, downstream and stockholders mostly wait and see, and the number of active bidders in the market is still limited.
The high-end is hard to reach.
The market continues to pay attention to the evolution of the external market and the progress of domestic new installations.
The volume of transactions throughout the day is slow and limited; the market is turbulent in a narrow range, the wait-and-see atmosphere is strong, and the trading situation is light.
The downstream epoxy resin is still weak and partially Heavy fatigue, among which solid resins have fallen further, manufacturers have reported high prices and low prices, and their mentality is frustrated, which will inevitably affect raw material procurement; the market has followed a weak consolidation trend, near the end of the year, imports continue, short-term bearish atmosphere is becoming stronger, foreign trade talks continue to weaken, and downstream Sporadic low-price purchases, and overall volume reduction; on the one hand, costs are relatively supportive, on the other hand, there is a lack of clear judgment in the market outlook.
The wait-and-see atmosphere has been pervading, and the downstream local operating rates have further fallen, which has a greater impact on the market mentality; The petrochemical plant is becoming increasingly clear-the 200,000 tons/year phenol ketone plant in Caojing is scheduled to start up in the middle of the month, and the 120,000 tons/year bisphenol A plant of Sinopec Mitsui will "solve" the problem of raw material supply.
It is planned to restart in the second half of the year, regardless of whether it is successful or not.
All will bring certain suppression.

On the last trading day (December 15), the domestic BPA market was still weak, and the price resistance level dropped again and again, and continued to be weak.
At the same time, the downward trend of the external market was obvious, and the market mentality was cautious.
From late November to December In the first half of the year, 5000-6000 tons of imported goods arrived in the customs clearance and supplemented the market one after another.
Under the overall weak environment, market risks arose near the end of the year; the main downstream epoxy resin industry, the demand is still weak, and the shipment resistance is large.
, Many manufacturers are under heavy pressure, and the intention to park for a holiday in advance has emerged, and the time between the two festivals is very close.
The contradiction between supply and demand may become more prominent, and the pressure on merchants’ shipments is self-evident.
Buyers’ interest in entering the market is relatively weak, and the market is still narrow.
The market is mainly weak, and the bearish atmosphere is strong towards the end of the year.
In addition, the recent decline in foreign market conditions and the concentrated arrival of port imports, Sinopec Mitsui's new equipment is about to be put into operation, and the short-term market trend is hard to be optimistic.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 7600-7800 yuan/ton, the mainstream transaction price is 7300-7600 yuan/ton, and the low-end price is reduced by 100 yuan/ Tons; the mainstream quotation in Huangshan area is 7700-7900 yuan/ton, the mainstream transaction price is 7500-7600 yuan/ton, down 100 yuan/ton; the mainstream quotation in North China is 7700-7900 yuan/ton, the mainstream transaction price is 7500-7700 yuan/ton, The low-end price is lowered by 100 yuan/ton; the mainstream quotation in South China is 8100-8300 yuan/ton, the mainstream transaction price is 7800-8100 yuan/ton, and the low-end price is lowered by 100 yuan/ton.

    Most domestic bisphenol A manufacturers have closed disks and shut down their installations.
The overall operating load is still low.
The new installations have been started smoothly and the discharge has been delayed.
Sinopec Mitsui’s raw materials have been cut off and the production has changed.
However, the operation will resume in the middle of the month, and there will be no news of good news; Each factory has downstream supporting facilities, the scale of external supply is very limited, the raw material support is still weak, the cost factor is weak, the downstream demand is difficult to change, and the shipment continues to be difficult to see good.
According to market experts from the 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, mainly self-supporting, limited export scale, 110,000 tons/year double The phenol A plant was shut down on October 30.
It is planned to end the year.
The first 100,000-ton/year polycarbonate plant will have low load, and the second 100,000-ton/year polycarbonate plant will be mechanically completed in October; Wuxi resin will be closed.
, The initial quotation is 17,500~18,000 yuan/ton.
The products are mainly for self-use and rarely sold externally.
The 16,000-ton/year bisphenol A plant may be shut down and restarted on April 17th.
The 25,000-ton/year bisphenol A plant is in operation.
Normally, the Nantong 50,000-ton/year bisphenol A plant is under construction (it was successfully put into operation on the 3rd of December), and the 90,000-ton/year bisphenol A plant (production postponed to the second quarter); Zhongxin Chemical’s ex-factory price is 8,000 yuan/ton, 2.
5 The operating load of the 10,000-ton/year bisphenol A plant is relatively low, and the main supply is the supporting epoxy resin device (intermittent start-up, digesting inventory); Sinopec Mitsui's 120,000 ton/year bisphenol A plant raw material supply has changed-Gaoqiao Caojing 200,000 The ton/year phenol and ketone plant was shut down and restarted on the 16th.
After the production capacity has gradually increased and stabilized, the former plans to put into production at the right time.
This market has attracted much attention and has become the main focus in the near future.

(Our reporter Huan Yang)

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