Daily review of bisphenol A: shock and weakening

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] August 19, 2010: The domestic bisphenol A market fluctuated and weakened, and the market continued to fall.
On the last trading day (August 18), the mainstream transaction price in East China in the mainstream market continued to drop to the range of 17,000 to 17,200 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere on the day was sluggish, and there were few inquiries from the downstream actively entering the market.
Recently, the downstream epoxy resin has stagnated and consolidated, and the raw material phenol ketone is weak and fluctuating.
, The market mentality is cautiously bearish, the overall trading appears thin, and the actual negotiated price continues to decline slightly.
In this week, the spot market continues to be light.
With the continuous decline of raw materials and the rapid increase of related products in the early stage, the major downstream areas have a greater impact and the goods are received cautiously.
The overall market mentality is damaged.
The buyer is mainly used and picked up.
The market mentality is cautious.
Some merchants Increased selling intentions.
International crude oil continued to fall, the pure benzene market was priceless, the direct raw material phenol ketone continued to weaken, and short-term bearishness: the overall atmosphere of the phenol market was sluggish, and the price in East China was 14300-14400 yuan/ton; the acetone market further fell, and it was also heard that it was lower , The price in East China is 6100-6150 yuan/ton.
At present, the downstream epoxy resin is under great pressure.
The raw material market has fallen slightly and has been sideways.
Manufacturers' quotations are mainly maintained, the downstream wait-and-see atmosphere is relatively strong, high-level transactions are weak, and raw materials are paid more attention.
In short, after two weeks of narrow fluctuations and weak consolidation, the domestic bisphenol A market will eventually follow the weakening of raw materials and the soaring of the related product epichlorohydrin.
Under the impact, the market will start to diverge and become more cautious.
Short-term weak consolidation is the main cause, and there is still room for adjustment.

On the trading day (August 18), the bisphenol A market was thin and trading was limited.
The offer declined, the negotiation slightly weakened, the continuous decline in oil prices and the weakening of raw materials aggravated the overall light atmosphere in the market, and the downstream and second-hand merchants had a strong wait-and-see atmosphere.
, Some merchants have increased shipping intentions, and the overall volume is average, and the atmosphere is light and narrowly weak.
At present, the spot market for bisphenol A is deserted, and there are few inquiries in the downstream.
Due to the further weakening of phenol ketones, the lack of external trading, the market mentality is divergent, and the wait-and-see atmosphere is becoming stronger.
The major manufacturers of related product epichlorohydrin are closed and the market is difficult.
Bu, further aggravating the downstream wait-and-see atmosphere, bisphenol A suffered a certain impact.
International crude oil fell for 4 consecutive days and fluctuated within a narrow range.
The market for pure benzene, the raw material of the silt, was trading sideways.
The market sentiment for the direct raw material phenol ketone was sluggish and trading declined.
The spot bearish atmosphere increased and prices weakened.
In short, the weak finishing atmosphere of bisphenol A is getting stronger, and some merchants are cashing in their shipments.
Pay close attention to the decline in raw materials and downstream production and sales.
It is expected that the spot market will fluctuate and run weakly.
According to market experts from China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 17400-17500 yuan/ton, the mainstream transaction price is 17000-17200 yuan/ton, and the price is reduced by 100 yuan/ton; The mainstream quotation in Huangshan area is 17500-17600 yuan/ton, the mainstream transaction price is 17300-17400 yuan/ton; the mainstream quotation in North China is 17400-17500 yuan/ton, the mainstream transaction price is 17300-17400 yuan/ton; the mainstream quotation in South China is 17900～18000 yuan /Ton, the mainstream transaction price is 17500-17700 yuan/ton, down 100 yuan/ton.

    Domestic bisphenol A manufacturers' quotations are temporarily stable at a high level.
Most of the production facilities are in normal operation and part of the shutdown is under maintenance.
They are started stably and are running at full capacity.
Most of the products are still mainly for self-use, and the number of external supplies is limited.
The supply of contract users is mainly maintained, and the production and sales conditions are basically normal.
Some are expected to resume or increase next month.
External supply.
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, mainly for the supply of downstream polycarbonate devices, and a small amount of external sales.
In the near future Polycarbonate rebounds, and an upward adjustment is brewing.
The 100,000+110,000 tons/year bisphenol A unit is operating normally and the load is 80%.
The 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 17,500 yuan/ton, 120,000 yuan The ton/year bisphenol A plant is operating at full capacity, the contract supply is the main focus, and the spot trend is paid more attention; Wuxi resin is closed, the pre-ex-factory price is 17,500-18,000 yuan/ton, and the main supply is the Xitong epoxy resin plant (overall production capacity is 10 10,000 tons/year), Wuxi polycarbonate 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 the replacement ion is completed, Nantong 90,000 tons/year bisphenol A plant The operation is stable and needs to be improved (September planned shutdown for rectification); Zhongxin Chemical closed the disk, the pre-factory price was 16,900 yuan/ton, and the 25,000-ton/year bisphenol A unit will be shut down for maintenance on August 13.
The products are mainly for self-use.
The main supply of 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 simultaneously overhauled.

(This station reporter Shuohua)

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