Daily Review of Bisphenol A: Slightly adjusted

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 19, 2009: The domestic bisphenol A market was slightly adjusted, the mainstream market East China on the trading day (February 18) The mainstream transaction price in the region has moved up slightly to 7,500 yuan/ton platform, and the low-end price is raised by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s enquiry atmosphere was strong on the day, the number of transactions was small, the spot resources were tight, and the merchants were still reluctant to sell.
The overall offer was firm and the negotiation was 7,500 yuan.
/Ton, while the follow-up resources continue to be supplemented, the market mentality is slightly unstable, consumer demand is still not high, and the rise of related products is suppressed, and the market is facing a certain negative impact.
The raw material market is generally optimistic.
Among them, the quotation of phenol has been raised sharply, mostly ranging from 1,100 to 1,200 yuan/ton, and the price in East China is 5,500 yuan/ton.
Market enquiries are relatively active, but transactions are relatively limited; acetone has a good operating atmosphere, and the East China market area The price ranges from 5000 to 5100 yuan/ton.
Downstream industry users are recovering slowly, and some continue to digest pre-stocks.
Under the rising cost, they continue to deliberately increase prices.
However, market transactions are limited and buyers are cautious in obtaining goods.
Traders are still reluctant to sell, and low-priced resources are hard to find.
Market transactions are limited.
Wait and see the market outlook.
The overall market atmosphere is still there, and the market still has a certain upward momentum.
The market merchants are reluctant to sell.
The downstream starts are not high, the goods are received cautiously, the wait-and-see is mostly, and the atmosphere is not much; although the raw materials and external disk support, the atmosphere is still good, but the later arrivals, Moreover, the cost is low, and downstream demand is flat.
Market participants are cautious in the outlook, and there is limited room for price adjustment.

    On the last trading day (February 18), the domestic BPA market continued to tidy up and the fluctuations were limited.
Although some merchants offered slightly higher prices, actual negotiations were difficult to achieve—the high-end downstream buyers were more resistant, the atmosphere became subtle, and the wait-and-see sentiment increased; On the external market, the market is high and cautious in chasing high.
The quotations continue to be high and strong.
The mainstream can be at 850-900 US dollars/ton (CFR China's main port).
The high-end prices are mostly quotations from manufacturers.
Due to the lack of improvement in downstream demand, there is already resistance to the spot.
The market has become cautious about US dollar negotiations, and the buyers and sellers have entered a stalemate.
The negotiation range is between 830-850 US dollars/ton (CFR China's main port).
Substantial negotiations are temporarily limited, and the buyer's market outlook Be cautious, and some negotiating intentions are 830 US dollars/ton (CFR China's main port)-although the raw material phenol spot rises and heats up.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7700~7800 yuan/ton, an increase of 100 yuan/ton, the mainstream transaction price is 7500 yuan/ton, low-end Increase by 100 yuan/ton; mainstream quotations in Huangshan area are 7700-7900 yuan/ton, increase by 100 yuan/ton, mainstream transaction prices are 7500-7600 yuan/ton, mainly high-end; mainstream quotations in North China are 7700-7900 yuan/ton, low-end Increase by 100 yuan/ton/high-end by 200 yuan/ton, mainstream transaction price is 7500-7600 yuan/ton, high-end mainly; mainstream quotation in South China is 8200-8300 yuan/ton, low-end price increase by 100 yuan/ton, mainstream transaction price is 8000 Yuan/ton, low-end raises 100 Yuan/ton.

    The characteristics of domestic bisphenol A manufacturers continue to be: high production capacity, low load, low-key operation, unclear quotation, self-supporting, and a small amount of external supply; although the production capacity is high, the power of discourse needs to be increased, the overall production is low, and the price is fully closed.
The market still reflects the heavy operating pressure, behind the fact that there is an oversupply, which is difficult to fundamentally reverse in the short term.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer Shanghai closed the disk, the pre-ex-factory price was 17,700 yuan/ton.
The products are mainly for self-use, and the overall load is less than 50%, 11+10 The load of the 10,000-ton/year bisphenol A device is not high, and the overall load is 50%.
The first set of 100,000-ton/year polycarbonate device has a lower load, and the second set of 100,000-ton/year polycarbonate device was mechanically completed in October 2008.
/Start-up in December; Sinopec Mitsui’s 120,000-ton/year plant is operating normally, with flexible loads, less product inventory, and main contract users—polycarbonate manufacturers; Wuxi resin is closed, and the initial price is 17,500-18,000 yuan/ton.
, The products are for self-use and basically no export-the main supply is the Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), and the 16,000 tons/year bisphenol A plant will stop and restart on April 17 is no longer possible, 2.
5 The 10,000-ton/year bisphenol A plant is operating normally, and the catalyst replacement is planned.
In March, the 90,000-ton/year bisphenol A plant in Nantong is scheduled to be put into operation in the second quarter; Zhongxin Chemical will be closed, and the initial ex-factory price is 8,000 yuan/ton, 25,000 tons/year The bisphenol A plant is operating at low load, and the main supply is Suicheng epoxy resin plant (overall production capacity is more than 50,000 tons/year), and there is not much export.

(Our reporter Xi Shu)

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