Daily review of bisphenol A: shifting focus

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 25, 2009: The domestic bisphenol A market is rising in a narrow range and the center of gravity is slightly higher.
On the last trading day (March 24), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 7,300 to 7,400 yuan/ton, with an increase of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment improved slightly on that day, and the level of negotiation was mainly high-end.
The spot market resources were tight, and merchants waited and waited to sell.
The overall transaction was limited and low.
Prices and resources are hard to find.
Manufacturers continue to control start-ups and production is limited.
The focus of foreign trade talks has also shifted slightly.
Recently, international crude oil has risen and has passed the line of 50 US dollars per barrel.
The depreciation of the US dollar has stimulated commodities and the market has recovered.
Major manufacturers are firm in their quotations.
Currently, suppliers in the regional market are offering bids at US$850-880/ton (CFR China's main port).
The raw material phenol market continues to trend steadily, mostly with high-end shipments from merchants.
Eastern China negotiates 5200-5300 yuan/ton; acetone market fluctuates and some middlemen are low, and Eastern China negotiates mostly 5150-5200 yuan/ton , Is currently in the digestion stage, and small and medium-sized orders are generally purchased.
The downstream market continues to fluctuate in a narrow range.
In the main downstream epoxy resin market, terminal demand is not obvious, and the transaction is limited.
The start-up is still about 60% to 80%.
The supply is relatively sufficient, and the downstream needs to receive the goods; another application area: polycarbonate , Although the market rebounded slightly, market players still showed pessimism, and it is expected that the market will move higher in a narrow range in the near future.

    On the trading day (March 24), the domestic bisphenol A market consolidated upward, with fewer active offers, and all parties still wait and see.
The negotiation price is mainly high-end, low-priced resources are hard to find, and the market merchants are reluctant to sell and watch the market.
The overall mentality is slightly It is stable, the manufacturers continue to control the start of construction, and the market spot resources are limited.
The new characteristics are: the supply of goods is slightly tight, and the atmosphere is slightly better.
At present, the transaction is relatively thin, which can basically be manifested in two aspects: one is the weak demand, the other is the supply is slightly tight, so the wait-and-see atmosphere is relatively strong-all are watching the market trend in the future, the domestic start load is limited, the market spot resources are too small, and the trade Most merchants are reluctant to sell and hold stocks to rise; crude oil and external pure benzene continue to rise, bisphenol A offers are firm, and the focus of negotiation is shifted.
Importers operate cautiously and wait and see market trends.
Downstream epoxy resin and polycarbonate start construction downstream The improvement is slow and demand is limited.
The overall consolidation continues in a narrow range, and the possibility of a small rise cannot be ruled out.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7500-7600 yuan/ton, the increase is 200 yuan/ton, the mainstream transaction price is 7300-7400 yuan/ton, An increase of 100 yuan/ton; mainstream quotations in Huangshan area are 7600-7700 yuan/ton, an increase of 200 yuan/ton, mainstream transaction prices are 7400-7500 yuan/ton, an increase of 100 yuan/ton; mainstream quotations in North China area Increase 200 yuan/ton, mainstream transaction price 7400-7500 yuan/ton, increase 100 yuan/ton; mainstream quotation in South China 8000-8100 yuan/ton, increase 200 yuan/ton, mainstream transaction price 7800-7900 yuan/ton, increase 100 yuan/ton.

    The operation situation of domestic manufacturers' installations is maintained-the start of construction has resumed slightly, half of which is low, Sinopec Mitsui resumes normal, Zhongxin Chemical continues to stop, and the rest are running at low load; the quotation situation is still-half of the offer, half of the offer is closed, and the high end is still 7600 yuan /Ton, flat market; the overall characteristics are still: high production capacity, discourse power waiting to be improved, overall low load of installations, clear quotation part, self-supporting mainly, and a small amount of external supply.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), on that day: Bayer Shanghai’s ex-factory price was 7500-7600 yuan/ton, and the products were mainly for self-use, 11+100,000 tons/year of bisphenol A plant The load is not high, the overall load is less than 50%, the first set of 100,000 tons/year polycarbonate plant has a low load, and the second set of 100,000 tons/year polycarbonate plant was completed in October 2008/started in December; Sinopec Mitsui The ex-factory price is 7300~7400 yuan/ton, and the 120,000-ton/year device is operating normally.
The product is mainly supplied to the contract user-polycarbonate manufacturers; Wuxi resin is sealed, and the initial price is 17500~18000 yuan/ton, and the product is used for its own use.
There is basically no export sales-the main supply of Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), the 16,000 tons/year bisphenol A unit will be shut down and restarted on April 17th, and 25,000 tons/year double The phenol A plant is operating normally and the catalyst replacement plan is about to be implemented.
The production of the 90,000 tons/year bisphenol A plant in Nantong has been postponed to June; Zhongxin Chemical closed the disk, and the initial ex-factory price was 8,000 yuan/ton, and the 25,000 tons/year bisphenol A plant The shutdown last weekend and the plan is postponed to the end of the month.
The product is mainly supplied to the Suicheng epoxy resin plant (the overall production capacity is more than 50,000 tons/year), and there is not much export.

(Our reporter Lan Xin)

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