Daily Review of Bisphenol A: Factory Overhaul

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 16, 2008: The domestic bisphenol A market has a strong wait-and-see atmosphere and few transactions.
On the trading day (April 15), the mainstream transaction price in the mainstream market in East China was running at the level of 15,200-15,400 yuan/ton, and the low-end was reduced by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market remained sluggish on the day, the market was flat, and transactions were limited.
Due to the impact of the renminbi downturn, the external market was unable to maintain a gradual downward trend, and related products ECH was postponed.
The settlement is still in progress, and the poor production and sales of the downstream and other products have significantly suppressed the market sentiment.
Domestic and foreign manufacturers have arranged maintenance.
The domestic Wuxi resin plant 16,000 tons/year bisphenol A plant is scheduled to be shut down tomorrow, and the maintenance period is expected to be 1 month; the foreign Russia Ufa chemical plant 60,000 tons/year bisphenol A plant will be in April It stopped on the 12th (last weekend) for about 45 days for maintenance; Nippon Steel Chemical plans to shut down its 100,000-ton/year bisphenol A plant in Fukuoka County, Kitakyushu in mid-June for a 20-day shutdown for maintenance; South Korea’s Kumho’s 150,000-ton/year bisphenol A plant in Yeosu was shut down for 20-day maintenance in April.

On the last trading day (April 15), the domestic BPA market negotiations continued to decline, the negotiation atmosphere was not good, and the price slowly declined.
The market opening atmosphere on that day was ordinary, the market was flat, and the market opening was not clear.
Downstream and traders were tentatively inquiring Under the influence of capital, low-price selling suppressed the market from time to time.
The focus of market negotiations has gradually shifted, and actual transactions have not been many; the Asian market valuation fell by US$20/ton to 1850.
~1880 US dollars/ton (CFR China main port), China’s key market demand is slow and low prices are frequent.
It is rumored that about 300 tons of Korean goods are sold to downstream terminal factories at about 1,850 US dollars/ton (CFR China main port).
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 15400-15600 yuan/ton, the mainstream transaction price is 15200-15400 yuan/ton, and the low-end price is reduced by 100 yuan/ Tons; the mainstream quotation in Huangshan area is 15500-15700 yuan/ton, the mainstream transaction price is 15200-15400 yuan/ton, and the low-end price is reduced by 100 yuan/ton; the mainstream quotation in North China is 15700-15800 yuan/ton, and the mainstream transaction price is 15400-15600 yuan/ Tons, the center of gravity tends to be lower; the mainstream quotation in South China is 15900-16100 yuan/ton, the mainstream transaction price is 15700-16000 yuan/ton, and the low-end price is lowered by 100 yuan/ton.

    The European market was fairly balanced this week.
Taking into account the attractiveness of the exchange rate conversion of the euro to the US dollar and the weak demand in the Asian downstream derivative markets, Asian merchants have increased their interest in European exports, but there is still no real offer.
According to market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), some Russian bisphenols have already appeared in Europe, but the transaction volume is not very large.
In the downstream epoxy resin market, market participants continue to explore whether to maintain the April price level in March or fall again.
Buyers believe that demand is slower than expected, but sellers rebutted that as the weather improves, the traditional peak season for downstream epoxy resin is coming, but the overall supply is still sufficient in the polycarbonate market.
This week’s price trend in the second quarter It is still very vague, but the producer's target increase of €0.
15 cts/kg seems unlikely to be achieved.
The local demand for polycarbonate is not optimistic, especially in the optical media field because the import price is quite competitive, and there will be no increase in demand in the short term, but the demand from the electrical and electronic industries remains good.

(Our reporter Meili)

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.