Daily Review of Bisphenol A: Temporary Finishing

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 22, 2010: The domestic bisphenol A market is temporarily organized and maintained.
On the last trading day (October 21), the mainstream transaction price in the East China region of the mainstream market can be reserved for the time being in the range of 21500-21800 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market fluctuated within a narrow range on that day, and the negotiation atmosphere was quiet.
The negotiation was mostly in the original range and the high-end was relatively difficult.
The center of gravity was slightly downward and practical.
Sales are scarce, imports have gradually arrived, and manufacturers have entered the market, and the tight spot supply has eased slightly.
The central bank raised interest rates, crude oil plummeted, liquidity was flooded, market speculation would be suppressed, and merchants would panic and some profits would be eliminated.
According to market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the sellers of BPA external disks will offer 2500~2550 US dollars per ton of cargo for October/November.
Buyers are cautious and have a large gap.
The bid is 2350~2400 USD/ton CFR.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 21,800-22,000 yuan/ton, low-end prices are lowered by 200 yuan/ton, mainstream transaction prices are 21,500-21800 yuan/ton; mainstream quotations in Huangshan area are 219,000-22,000 yuan/ton, low-end Decrease 100 yuan/ton, mainstream transaction price 21,800-2,1900 yuan/ton; mainstream quotation in North China 21,900-22,000 yuan/ton, lower-end price reduction by 100 yuan/ton, mainstream transaction price 21,700-2,1900 yuan/ton; mainstream quotation in South China 22,300 ~22,500 yuan/ton, the low-end price is reduced by 200 yuan/ton, the mainstream transaction price is 22,000~22,300 yuan/ton, and the low-end price is reduced by 200 yuan/ton.

  m On the trading day (October 21), the bisphenol A raw material market remained positive.
According to market experts from the China Epoxy-e.
cn Association (www.
epoxy-e.
cn), among them, phenol is supported by petrochemical companies’ increase in prices, and offers are higher.
The mainstream transaction price in East China is 15100-15200 yuan/ton, and the high-end price is raised by 100.
Yuan/ton, some dealers closed the market and waited and watched.
The downstream factories started normally and were cautious in entering the market.
Many dealers were reluctant to sell.
The current market spot is still not very abundant, and the sellers are still optimistic in the follow-up market.
The upward trend appears.
The acetone market fluctuates within a narrow range, and the mentality of trading merchants is temporarily stable.
The mainstream transaction price in East China is 7100-7150 yuan/ton.
Downstream factories make up for demand, and market transactions are average.
Although major manufacturers have raised prices and provided strong support, they made some profits.
The sentiment of merchants on shipments has increased, and market participants remain on the sidelines, and the current stage is mainly stable.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the downstream epoxy resin demand is relatively weak and stable, the implementation of energy-saving and emission-reduction measures is increasing, most small factories are limited in production, and users purchase on demand; The epoxy resin market is facing greater pressure in the future.
On the one hand, raw materials are declining steadily, suppressing the mentality of users, on the one hand, with the continued weak demand, market participants lack confidence in the market outlook, but in view of the current high level of raw materials, epoxy resin prices remain high and fluctuating.
The polycarbonate market continues to steadily continue, and the wait-and-see atmosphere is further strengthened; the negotiated price of injection molding grade in East China is maintained: low-end 23800-24100 yuan/ton, mid-to-high-end 24500-26200 yuan/ton.

    Domestic bisphenol A manufacturers are operating relatively smoothly.
The domestic market has slightly weakened, and the speculative atmosphere has been correspondingly reduced.
The price of raw phenol ketone continues to rise, and the cost support is still obvious.
The product continues to be mainly supplied to core customers, and the external sales volume is small.
Most of the quotations are clear, the previous period continues to increase, and some devices are shut down for maintenance.
The overall operating level is acceptable.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 21,400 yuan/ton, mainly for downstream polycarbonate devices, with only a small amount of external sales, 10+110,000 The ton/year bisphenol A plant is operating smoothly, the prilling tower load is average, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 21,500 yuan/ton, and the 120,000 tons/year bisphenol A plant is operating stably , Started at full load, the contract is mainly executed, the market supply is temporarily limited, the products are mainly supplied to contract users, and the arrangement is tight; Wuxi resin is closed, the pre-ex-factory price is 17500-18000 yuan/ton, and the main supply is Xitong epoxy resin device ( The overall production capacity is 100,000 tons/year).
Most of Wuxi's polycarbonate products are for self-use and are temporarily not exported.
Nantong epoxy-grade products are all for self-use.
The 25,000-ton/year bisphenol A plant in Wuxi is operating normally and has a high operating load.
Nantong 90,000 The ton/year bisphenol A plant is operating in general, and the load is increased to 70%; Zhongxin Chemical has closed the disk, the initial ex-factory price is 16,900 yuan/ton, and the 25,000 ton/year bisphenol A plant continues to shut down for maintenance, and the restart time is undetermined.
The product is mainly for self-use , The main supplier 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 will be overhauled in the near future.

(When the reporter of this site is resting)

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.