Daily Review of Bisphenol A: Market Rising

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 22, 2010: The domestic bisphenol A market continues to rise and continues to rise.
On the last trading day (July 21), the mainstream transaction price in the mainstream market in East China formed a range of 16,300-16,500 yuan/ton, with an increase of 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market atmosphere on that day was relatively strong, and the spot resources remained tight.
Holders were reluctant to sell their goods and control the rhythm, and the offer was over 16,500 yuan/ton.
The talks followed closely.
Rumor has it that the import volume in June was less than 30,000 tons.
In addition, the recent supply of goods is limited and the seller is still optimistic about the short-term.
The raw materials have fueled the flames and the market has further increased during the week.
The downstream is passively demanding and cautious, digesting inventory and waiting and watching, and some small orders are mainly used and picked up.
Although the spot transaction volume is small, it is not easy to find goods.
The recent daily increase has reached about 200 yuan/ton.
The raw material pure benzene fluctuated at around USD 780/ton (FOB Korea), and the spot was subject to its own supply and demand fundamentals and the downward adjustment of domestic petrochemical expectations.
East China prices remained at a stalemate of 6000-6150 yuan/ton; phenol remained strong and domestic companies synchronized spot prices Rising, the negotiated price in East China has been pulled to 14,300 yuan/ton, and some are even higher; acetone is calm, and the short-term stalemate is difficult to break.
The bisphenol A spot market is still tight, and the raw material phenol has risen again, undoubtedly adding to the flames.
The external disk market has no time to follow up quickly, the short-term futures source is difficult to alleviate, and the short-term high market continues to be tight and hype.

    On the last trading day (July 21), the bisphenol A market was promoted by raw materials, the market continued to rise, trading was strong, and the atmosphere was strong.
Some offers have exceeded 16,500 yuan/ton, and ocean shipping intentions exceeded 16,200 yuan/ton.
Foreign prices are higher, and the downstream is mostly cautious and wait-and-see.
The trend of tight prices continues to rise, and it is difficult to find goods at low prices.
The US dollar market is heating up slightly, and domestic and foreign markets are simultaneously pushing up.
The upstream spot market for pure benzene is sluggish, and the external market is hovering within a narrow range; northern manufacturers of phenol have increased, and the supply of goods is still tight, east China is reluctant to sell, and the negotiated price has risen; the acetone spot market is trading sideways, most importers are losing money, and lower prices are conflicting.
At present, the spot resources of bisphenol A are still tight, and the external market is heating up slightly.
The downstream is forced to produce and are forced to follow up.
At the beginning of the week, phenol rose in the north and attracted wide attention in east China.
The downstream cost is supported and there is a potential for further supplementary increases.
BPA short-term The positive still prevails, and the high market remains.
According to market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 16500-16700 yuan/ton, the increase is 200 yuan/ton, and the mainstream transaction price is 16300-16500 yuan/ton.
Increase by 200 yuan/ton; mainstream quotations in Huangshan area are 16600-16800 yuan/ton, increase by 300 yuan/ton, mainstream transaction prices are increased by 16,500 yuan/ton, low-end prices are increased by 300 yuan/ton/high-end prices are increased by 100 yuan/ton; mainstream quotations in North China 16700-16800 yuan/ton, an increase of 300 yuan/ton, mainstream transaction price of 16500 yuan/ton, low-end price increase of 200 yuan/ton/high-end price increase of 100 yuan/ton; mainstream quotation in South China 17000-17200 yuan/ton, an increase of 200 yuan /Ton, the mainstream transaction price is 16800~17000 yuan/ton, up by 100 yuan/ton.

    Domestic bisphenol A manufacturers responded to the market, and some continued to raise their quotations.
Existing devices are operating normally, new devices need to be upgraded, raw materials are rising and falling, and their own market continues to rise, cost factors are no longer dominant, tight supply plays an important role, fewer shipments, and weaker inventory pressure.
The characteristics of the overall operation are as follows: wait and see the market, strengthen the operation, unable to lead, follow the goods mainly, and the overall operating load level is acceptable.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer Shanghai closed the disk, the initial ex-factory price was 17,200 yuan/ton, and the main configuration was the supply of downstream polycarbonate devices and a small amount of external sales.
Recently, the spot price of polycarbonate has been weak and the price has dropped sharply.
The bisphenol A unit of 100,000+110,000 tons/year is operating normally, the load is 80%, and the polycarbonate unit of 100,000+100,000 tons/year is operating normally; Sinopec Mitsui’s ex-factory price is 16,500 yuan/ton.
, Increase 500 yuan / ton, 120,000 tons / year bisphenol A plant is operating at full capacity, the contract supply is mainly executed, and the spot trend is paid more attention; Wuxi resin is closed, the preliminary ex-factory price is 17500 ~ 18,000 yuan / ton, and the main supply is tin Tong epoxy resin plant (overall production capacity is 100,000 tons/year), Wuxi polycarbon grade products are ready for export, Nantong epoxy grade products are mainly used for self-use, Wuxi 25,000 tons/year bisphenol A plant is operating normally, and Nantong 90,000 tons/year The operation of bisphenol A plant stabilized in 2015, and the quality needs to be further improved; Zhongxin Chemical closed the disk, the initial ex-factory price was 16,900 yuan/ton, and the 25,000 tons/year bisphenol A plant was operating normally and started at full load.
The products are only for self-use.
The main supply is Suicheng epoxy resin plant (overall production capacity is more than 50,000 tons/year), and the upstream 200,000 tons/year phenol ketone plant is operating stably.

(Our reporter Huan Yang)

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

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