Daily Review of Bisphenol A: Inertia Moves Up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 23, 2010: The domestic bisphenol A market has moved up with inertia and continues to rise.
On the last trading day (April 22), the mainstream transaction price in East China in the mainstream market has formed a range of 16,300-16,500 yuan/ton, with an increase of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market continued to fluctuate based on international crude oil on that day, and most domestic bulk commodities closed in the red.
The overall market atmosphere was fair and the spot market maintained a narrow upward trend.
The product epichlorohydrin continues to rise, downstream cost pressures increase, and high raw materials are cautiously received.
However, the short-term market still has the upper hand, and the market is expected to fluctuate at a high level.
The market still fluctuates within a narrow range.
The downstream purchases are cautious and heavy volume is in general.
The major manufacturers' follow-up cost support and low intentions are not large.
Recently, domestic manufacturers have increased and the spot sales have been pushed up.
The reference negotiation level is slowly rising, and there are more raw materials.
Concerned, the high-level transactions are fair.
The market continues to push up throughout the day, but the trading atmosphere is limited.
The pure benzene market is stable, the phenol rises strongly, the cost and the strong support from the external market, and the market participants hold a bullish mentality.
The inventory is mainly consumed, and individual items are actively sought, but they are hard to find at low prices.
In short, the domestic bisphenol A market is still bullish, dual raw materials are rising, and downstream squeezing is worthy of attention, downstream manufacturers are under greater pressure, low prices for purchases in the market are hard to find, transactions are not smooth, and the level of demand needs to rebound.

    On the trading day (April 22), the bisphenol A market rose within a narrow range and fluctuated at a high level.
Although the downstream high position was cautiously received, the raw material phenol rose sharply and the bisphenol A external market was steadily advancing.
The market has not shown clear signs of adjustment for the time being.
Be cautious in the short-term Optimism still prevails, some intermediate businesses speculate and change hands, and there is no significant change in manufacturers for the time being.
The international crude oil market continued to fluctuate and rise.
The pure benzene market rose slightly, the spot stalemate, short-term inventory pressure was relatively high, and narrow fluctuations were the main reason; the phenol spot market gradually became clear, manufacturers generally had low inventory, and intermediate merchants controlled the rhythm of shipments.
, Cautious and optimistic; some acetone merchants have profit-taking and the center of gravity tends to the low end.
The domestic market continues to push upwards, transactions are scarce, phenol rises strongly, and external markets continue to rise.
Many merchants close and wait and see, control the pace of shipments, some quotations have risen or may be higher, and downstream pressures are greater and the market enters the market.
Low purchase prices are hard to find.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16600-16700 yuan/ton, the increase is 100 yuan/ton, the mainstream transaction price is 16300-16500 yuan/ton, Increase by 100 yuan/ton; mainstream quotations in Huangshan area are 16600-16800 yuan/ton, high-end prices are raised by 100 yuan/ton, mainstream transaction prices are 16400-16500 yuan/ton, and they are raised by 100 yuan/ton; mainstream quotations in North China are 16600-16800 yuan/ton , The high-end price is raised by 100 yuan/ton, the mainstream transaction price is 16300-16500 yuan/ton, the high-end price is raised by 100 yuan/ton; the mainstream quotation in South China is 17100-17200 yuan/ton, the increase is 100 yuan/ton, the mainstream transaction price is 16800-17000 yuan/ Tons, increase by 100 yuan/ton.

    Domestic bisphenol A manufacturers are operating at a high level as a whole, with a positive attitude, limited supply resources, unstable operation of some devices, and new devices that have not yet been released.
Recently, the raw material phenol has been rising frequently, the cost has risen significantly, and the market outlook is cautiously optimistic.
The main characteristics of the overall operation are still manifested as follows: cater to the market, increased operational efforts, wait-and-see push to increase, better operational mentality, maintenance of load, and low capacity utilization.
According to market experts from China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 16,400 yuan/ton, mainly for downstream polycarbonate devices, and a small amount of external sales, 100,000 tons/year The bisphenol A unit is operating at full load, the 110,000-ton/year bisphenol-A unit is shut down due to failure, and the 100,000+100,000-ton/year polycarbonate unit is switched on and off; Sinopec Mitsui’s ex-factory price is 16,600 yuan/ton, 120,000 tons/year The bisphenol A plant is operating normally and continues to operate at full capacity.
The products are mainly supplied to contract users and the shipment situation remains stable; Wuxi resin is closed, the pre-factory price is 17500~18000 yuan/ton, the product is for self-use, and there is no export recently-the main supplier Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), Wuxi 25,000 tons/year bisphenol A plant is operating normally and the load is average, Nantong 90,000 tons/year bisphenol A plant continues to adjust and plans to produce at the beginning of the month Qualified products (but no results at present, wait and see the end of the month); Zhongxin Chemical closed the disk, the pre-factory price was 16,000 yuan/ton, and the 25,000 tons/year bisphenol A plant was running smoothly and the load was high.
The main supply of the Suicheng epoxy resin plant ( The overall production capacity is more than 50,000 tons/year), mainly for self-use, and rarely for export.

(Our reporter Huan Yang)

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