Daily review of bisphenol A: external disc shows weakness

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 11, 2009: The domestic bisphenol A market is weak on the inside and weak on the outside.
On the last trading day (March 10), the mainstream transaction price in East China, the mainstream market, was still in the range of 7,100 to 7,200 yuan/ton, but the center of gravity was adjusted and tended to be high-end.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market continued to be weak on that day.
As manufacturers’ offers continued to be strong, and the focus of market negotiations shifted upwards-the price was mostly at 7200 yuan/ However, the market is slow and the wait-and-see atmosphere is relatively strong.
In the external market, the market is not trading.
The current market is relatively stable, and the quotations of merchants are also strong.
Some quotations can be slightly higher and the overall downstream demand is average.
The industry is not confident about the market outlook.
Large, the overall transaction is average; the characteristics of the market are still showing: the atmosphere is light, the fatigue continues, the enthusiasm of buyers and sellers is not high, the merchants continue to be reluctant to sell and wait and see the market, the attitude is general, the downstream industry as a whole-epoxy resin, polycarbonate-demand There is no obvious improvement; the raw material market phenolic ketone is operating weakly: the price of phenol in East China is 5,300 yuan/ton.
Due to poor demand and no other direct benefits, traders often ship on the market along with the shipment, and the price is gradually falling for Baoding shipments; acetone The price in East China is 5100-5150 yuan/ton, which is basically stable and still needs to be supplemented by cargo.
Some merchants pre-sell cargo and demand is still weak; most manufacturers maintain, Sinopec Mitsui's upstream raw material supply is slightly tight, and the plan is approaching in the near future.
Parking for 3 to 4 days, in view of the market supply and demand situation, the follow-up will maintain a low negative operation.

    On the last trading day (March 10), the domestic BPA market was still light and the atmosphere was still on the sidelines.
However, the focus of negotiations seems to have been raised.
The buying intention is more cautious and the overall enthusiasm for entering the market is not high.
More reluctance to sell and wait and see, fewer negotiating orders, follow-up resource replenishment, weak raw material market operation; supply and demand affected by market demand, the trend is sluggish, wait-and-see is strong, follow-up resources continue to fill in, the transaction scale is quite limited, merchants reluctant to sell and wait-and-see atmosphere Relatively strong, manufacturers offer 7300-7600 yuan/ton, but there are many conflicts downstream.
In short, the downstream demand is poor, the procurement is more cautious, the cost support is weak, and the external market is weakly consolidated.
The downstream receiving is mostly active and wait-and-see.
The terminal demand is still sluggish, the transaction volume is low, the cost support of the manufacturers, the upward quotation, and the overall negative factors remain Many people in the industry wait and see the market outlook and sort out short-term market expectations.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7,300-7,400 yuan/ton, the mainstream transaction price is 7,100-7200 yuan/ton, mainly high-end; Huangshan area The mainstream quotation is 7400-7500 yuan/ton, the mainstream transaction price is 7200-7300 yuan/ton, high-end mainly; the mainstream quotation in North China is 7400-7500 yuan/ton, the mainstream transaction price is 7300-7400 yuan/ton; the mainstream quotation in South China is 7800～ 7900 yuan/ton, mainstream transaction price is 7600-7700 yuan/ton, high-end mainly.

    The market sentiment of the bisphenol A external disk weakened.
According to market experts from China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), near-ocean cargo is offered at US$820-830/ton (CFR China’s main port) due to the lack of clear judgment on the market outlook and import market negotiations.
Be cautious, some of the buying intentions are around US$800/ton (CFR China's main port), and some are holding currencies and waiting for further news guidance; the spot market is calm, terminal inquiries are few, and the volume of transactions is average.
Previously, the trend of the external market has been slightly weak.
Although the quotations of manufacturers are not obvious and are still at US$850/ton (CFR China’s main port), the quotations of intermediate merchants have declined significantly.
The mainstream offer at the beginning of last week was US$850/ton (CFR China).
The main port), it gradually fell to 830 US dollars/ton (CFR China main port) in the middle of the week, and some importers talked about 810 US dollars/ton (CFR China main port); the number of transactions throughout the week was small and part of South Korea’s LG source changed hands.
At 810-820 US dollars/ton (CFR China's main port); the firm offer is limited in the ocean, and the market is cautious and wait-and-see, and the attitude remains.
Domestic low-priced goods sources are gradually digested, and social inventories are general.
The market is concerned about downstream demand and external disks, as well as related products, cyclochlorine, which is upwards.
Major manufacturers in the near-ocean region-Taiwan South Asia's first, second and third sets of 290,000 tons/year installations are operating stably, and the fourth set of 130,000 tons/year installations are scheduled to restart at the end of March; despite the recent weakness of the BPA spot market However, under the support of the cost of raw materials, the US dollar offer is still insisting, above US$880/ton (CFR China's main port), which is far from the intention of domestic buyers.

(Our reporter Wu Xi)

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