Daily Review of Bisphenol A: Recapture the 15th

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 5, 2010: The domestic bisphenol A market regained 15% and continued to rise.
On the last trading day (July 2), the mainstream transaction price in the East China region of the mainstream market began to form a range of 15,000 to 15,200 yuan/ton, and the low end was raised by 100 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) said that the trading atmosphere on the day was still ordinary, but there were not many spot resources and low prices in the market were hard to find.
International crude oil fell for 4 days and the raw material phenol Stabilization and stabilization, downstream and intermediate merchants are cautious at high levels, the actual negotiation range has rebounded slightly, and the high level is adjusted.
The buyer's stage purchases are over, and further chasing up is cautious.
There is not much discussion about real offers in the external market.
Regional manufacturers are bidding above US$1,850/ton (CFR China's main port).
In recent trading days, the market has been weak.
The market is wary of follow-up risks, and there are still many wait-and-sees.
Part of the profit of upstream pure benzene was out, the focus of negotiations fell slightly to 6,250 yuan/ton, and the quotation of intraday and foreign markets fell slightly; the supply of phenol in the market was not much, and the downstream high levels conflicted.
The negotiated price in East China was 13300-13500 yuan/ton; acetone continued to be negative.
In June, the cumulative total has reached about 20%, and the negotiated price in East China is 5600-5700 yuan/ton.
The downstream epoxy resin demand is off-season, and the price continues to drop.
The lack of spot resources is the biggest benefit, which promotes the improvement of market mentality, and provides good for the BPA market.
The trend of raw materials slowed down on weekends, the oil price continued to decline, related products were slightly tired, and the BPA market was inertially wait-and-see.
Concussion finishing.

On the last trading day (July 2), the market atmosphere of bisphenol A declined slightly, but there was still a slight increase.
During the week, the overall chemical market fluctuated, the market was further cautiously chasing the rise, and merchants had higher sporadic offers, and actual discussions followed a narrow range.
Pay attention to the changes in related news, and at the same time, there is still less trading compared with the spot and external markets.
International crude oil continued to fall, coupled with the weakening of external markets, the raw material pure benzene spot was wait-and-see, profit-making gains increased, the downstream styrene market was weak, and the market mentality was more cautious; improve.
Domestic bisphenol A spot prices continue to rise, and it is not easy to find goods at low prices in the market; but international crude oil continues to fall for three consecutive times, bulk commodities are affected and consolidate, the market mentality is more cautious, and oil prices are suppressed.
Momentum has weakened, and the market will turn to a high level for consolidation.
The ups and downs of international crude oil have changed frequently, and the raw material phenol has ended soaring.
Sinopec Mitsui will be quoting and shipping, focusing on relevant news and focusing on high-level ordering.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 15,200-15,300 yuan/ton, the mainstream transaction price is 15,000-15200 yuan/ton, and the low-end price is increased by 100 yuan/ton.
Tons; the mainstream quotation in Huangshan area is 15200-15300 yuan/ton, the mainstream transaction price is 15000-15200 yuan/ton; the mainstream quotation in North China is 15200-15400 yuan/ton, the mainstream transaction price is 15000-15200 yuan/ton; the mainstream quotation in South China is 15700 ~15800 yuan/ton, mainstream transaction prices are 15500-15700 yuan/ton, and low-end prices are raised by 100 yuan/ton.

    Domestic bisphenol A manufacturers continue to stop reporting as a whole.
The operation of the existing equipment has been maintained and the overhaul equipment has been restarted.
The new equipment has some output but still needs to be improved.
The raw materials are sorted out, the own market has risen slightly, cost factors or permits, tight supply have limited effects, and the scale of shipments is small.
Inventory pressure is not great.
The main characteristics of the overall operation are as follows: wait and see the market, normal operation, inability to control, follow the goods mainly, very low load and limited capacity utilization.
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.
The 100,000+110,000-ton/year bisphenol A unit is operating normally, with 80% load, and the 100,000+100,000-ton/year polycarbonate unit is operating normally; Sinopec Mitsui’s closure, the initial ex-factory price of 17,200 yuan/ton, 120,000 tons/year double The phenol A plant is gradually normal and will be produced soon.
The normal quotation and sales in July are expected to resume; Wuxi resin is closed, the initial ex-factory quotation is 17,500-18,000 yuan/ton, the product is for self-use, and there is no export in the near future-the main supporting Xitong epoxy resin Plants (overall production capacity exceeding 100,000 tons/year), 25,000 tons/year bisphenol A plant in Wuxi resumed operation, and 90,000 tons/year bisphenol A plant in Nantong opened up, and some output has already been completed; Zhongxin Chemical closed the disk, early stage The ex-factory price is 16,900 yuan/ton, and the 25,000-ton/year bisphenol A unit is operating normally and starts at full load.
The products are only for self-use and the main supply is the Suicheng epoxy resin unit (overall capacity exceeds 50,000 tons/year), upstream 20 The 10,000-ton/year phenol and ketone plant is operating stably.

(Our reporter Meili)

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