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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 18, 2010: The domestic bisphenol A market is tight and the price is high, temporarily finishing.
On the last trading day (October 15), the mainstream transaction price in East China in the mainstream market maintained the range of 21,800 to 22,000 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), market conditions fluctuated within a narrow range on that day, actual negotiations were lingering, low-end shipment intentions were not strong, and supply was tight, and the atmosphere of negotiations was acceptable and transactions were concluded.
The situation is slightly weaker than before; prices remain high, the risk factor is too large, and some businesses have different mentalities and worry about the risk of market outlook.
In short, the market oscillated at a high level, and there was no obvious change in the firm offer.
Some imported goods were declared for customs and the spot supply was slightly eased.
Some downstream manufacturers purchased on demand at a high level.
At present, the epoxy resin market in one of the downstream markets has basically stable demand, supported by rising raw materials, and the price has risen steadily, and then rises to a high level; the other downstream polycarbonate has a bullish atmosphere, some quotations have been tentatively raised, and overall trading has not improved yet.
, The negotiation price of injection molding grade in East China is 23800-24000 yuan/ton for low-end, 24500-26200 yuan/ton for mid-to-high-end, and 100-200 yuan/ton upward.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 22,000 yuan/ton, the mainstream transaction price is 21800-22,000 yuan/ton; the mainstream quotation in Huangshan area is 22,000 yuan/ton, the mainstream transaction price is 21800-22200 yuan/ton/ton; North China The mainstream quotation in the region is 22,000 yuan/ton, and the mainstream transaction price is 21800-22,000 yuan/ton; the mainstream quotation in South China is 22,500 yuan/ton, and the mainstream transaction price is 22,300-22,500 yuan/ton.
On the trading day (October 15), the bisphenol A raw material market fluctuated mainly within a narrow range.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them, the daily review atmosphere of phenol has recovered and prices have risen.
Merchants are generally reluctant to sell and have a strong wait-and-see atmosphere.
The offer price remains stable and the transaction price A small increase, the enthusiasm of intermediary merchants for inquiries has increased, and the main holding merchants have not increased the volume.
The high external disk also brings certain confidence in the price.
The mainstream transaction price in East China is 14650-14700 yuan/ton, downstream demand remains stable, and major merchants are reluctant to sell , Purchase inquiries are not easy, and end users still pick up a small amount of goods, but they have agreed with the rebound of the atmosphere, and the price fluctuations are expected to be limited, which is preparing for the subsequent price recovery; the acetone market is operating in a consolidation and partially rising, and merchants follow the market and inquire downstream The market is normal, the wait-and-see atmosphere is strong, and a few merchants are very pricey.
The mainstream transaction price in East China is 6900-7000 yuan/ton.
As the wait-and-see atmosphere increases and the opinions of the merchants begin to diverge, some profit-making orders have begun to sell, and there is no shortage of high-priced parties.
According to market experts from the China Epoxy Resins Industry Association (www.
epoxy-e.
cn), the supply of bisphenol A external disk market continues to be tight, and the contradiction with downstream demand is gradually increasing.
The raw material phenol ketone fluctuates.
Downstream terminals have further followed up cautiously, and market talks have been suppressed to a certain extent; offer intentions are mostly 2400~2450 US dollars / ton (CFR China's main port), and last week, more than 500 tons of cargo in October were sold at 2420 US dollars / ton (CFR China's main port), and another hundred tons of goods were sold to end users at a price of US$2,400/ton (CFR China's main port).
Domestic bisphenol A manufacturers partly made up for the increase again and continued to run at a high level.
The supply and demand gap in the domestic market is still large, and the speculation atmosphere is still hot.
The products are mainly supplied to core customers and the external sales are small.
Most of the products are clearly quoted and continue to increase.
The market continues to be tight, the merchants are actively speculating, and the spot is still tight and continues to rise.
Prices continue to be tight, and prices are still expected to rise in the later period.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 20,700 yuan/ton, mainly for downstream polycarbonate devices, and only a small amount of external sales, 10 + 110,000 The ton/year bisphenol A plant is operating smoothly, the prilling tower load is average, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 21,000 yuan/ton, an increase of 300 yuan/ton, 120,000 tons/year The bisphenol A plant is operating at full capacity, the contract is mainly executed, and the market supply is temporarily limited.
The product is mainly supplied to contract users and the arrangement is tight; Wuxi resin is closed, the pre-factory price is 17500-18000 yuan/ton, and the main supply is Xitong epoxy Resin plant (overall production capacity is 100,000 tons/year), most of Wuxi polycarbon grade products are for self-use, but a small amount is exported, Nantong epoxy grade products are all for self-use, Wuxi 25,000 tons/year bisphenol A plant is operating normally, and the operating load is relatively high.
The 90,000 tons/year bisphenol A plant is operating at a normal rate and the load is 50%; Zhongxin Chemical’s closed disk, the initial ex-factory price is 16,900 yuan/ton, and the 25,000 tons/year bisphenol A plant is shut down for maintenance.
The time is one week.
The product is mainly for self-use.
Supply Suicheng epoxy resin plant (overall production capacity exceeds 50,000 tons/year), and the upstream 200,000 tons/year phenol ketone plant will be overhauled in the near future.
(Our reporter Meili)
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