Daily review of bisphenol A: tends to nine thousand

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 29, 2008: The domestic bisphenol A market continues to fall, the resistance level of 9,500 yuan/ton basically breaks down, and the transaction goes up On October 28th, the mainstream transaction price in East China in the mainstream market continued to move downward to 9,200-9,400 yuan/ton, with the low-end down by 100 yuan/ton and the high-end down by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened and operated "quietly" on the day, with stockholders taking advantage of the market volume and lack of active offers, and the level of reference negotiations for ocean trading remained low.
, Near-foreign sources of goods are small in quantity, prices are slightly higher, market transactions are light, and the mainstream is somewhat obscured.
There are more downstream stops to reduce production to digest raw material inventory, raw material purchase intentions are weak, and the intention price is generally low; the current foreign market has plummeted for several weeks.
This week plunged 160-180 US dollars/ton to 1,360-1400 US dollars/ton (CFR China’s main port).
However, due to the sharp decline of related raw materials and products, the domestic spot market is highly bearish, and the price of more than 1,300 US dollars/ton is less popular, and negotiating intentions Further decline, especially the continuous decline of the RMB market, has further aggravated the bearish atmosphere in the external market; the current market atmosphere is weak, the interest in receiving goods is weak, the price reduction phenomenon of a small number of small orders is obvious, the spot atmosphere is dim, the weak market lacks direction, and the market is tending 9,000 yuan/ton frontline, global economic growth has slowed down, the industry chain has further shrunk, and most downstream production cuts or shutdowns, the market outlook is difficult to define, but it is initially certain that the 9,000 yuan/ton resistance level is not guaranteed.

On the trading day (October 28), the domestic bisphenol A market continued to decline.
The market opened flat, and the spot market was mostly wait-and-see.
The market went down again, and most of them were on demand.
In September, the import level of more than 34,000 tons was still normal.
The impact on the market was not significant, the negative factors were further digested, and trading continued to be relatively light throughout the day.
The total import volume of the month was 34,824.
42 tons, with an average price of US$1869.
7/ton.
The import volume decreased by 34.
5% from the previous month and 28.
8% from the same period last year.
The cumulative import volume from January to September was 349,046.
834 tons; the total export volume for the month was 9 tons, with an average average price.
The price is US$7716/ton, and the export volume decreased by 98.
77% from the previous month and 61.
9% from the same period last year.
The cumulative export volume from January to September was 999.
259 tons.
Compared with imports, exports are insignificant.
Although the total scale of imports is relatively reasonable, the background of previous continuous high-volume imports still makes the current "oversufficiency".
According to market experts from China Epoxy-e.
cn, the mainstream quotations in East China are 9400-9600 yuan/ton, 200 yuan/ton lower, and the mainstream transaction prices are 9200-9400 yuan/ton.
Lower-end price is lowered by 100 yuan/ton/high-end price is lowered by 200 yuan/ton; mainstream quotations in Huangshan area are lowered by 9500-9700 yuan/ton, lowered by 200 yuan/ton, mainstream transaction price is lowered by 9200-9500 yuan/ton, lowered by 200 yuan/ton; North China Mainstream quotations are 9500-9700 yuan/ton, lowered by 300 yuan/ton, mainstream transaction prices are lowered by 9300-9500 yuan/ton, low-end prices are lowered by 100 yuan/ton/high-end prices are lowered by 200 yuan/ton; mainstream quotations in South China are 9900-10100 yuan/ton , Decrease 200 yuan/ton, mainstream transaction price 9700-9900 yuan/ton, low-end lowered 100 yuan/ton/high-end lowered 200 yuan/ton.

    Domestic bisphenol A manufacturers continue to passively wait and see.
Each factory has downstream supporting facilities and the scale of external supply is very limited.
The overall characteristics continue to be: limited output, low inventory, few export sales, weaker impact, reduced production and operation, and very few shipments.
, Sales restriction is upper, self-use mainly, price is unknown, lack of offer, it is difficult to make obvious adjustments in the near future, and the pattern of low opening and low sales will still be maintained; the operation of production equipment is maintained at a very low level, of which: Bayer Shanghai Load 50%, Wuxi When the resin starts and stops, the load of Zhongxin Chemical is average.
It is good for Bayer Shanghai's second polycarbonate plant to be put into operation later, and it is bad for Sinopec Mitsui's bisphenol A plant to be put into operation.
According to market experts from the 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, most of which were self-supporting and limited export scale, 110,000 tons/year The load of the phenol A plant is relatively low, and the load of the 100,000-ton/year polycarbonate plant is relatively low.
The second set of 100,000-ton/year polycarbonate plant will be mechanically completed in October; Wuxi resin is sealed, and the initial price is 17500-18000 yuan/ton.
, The products are mainly for self-use, and the number of export sales is not large.
The 16,000-ton/year bisphenol A plant has been shut down for maintenance on April 17 and may not be restarted.
The 25,000-ton/year bisphenol A plant is operating normally and 90,000 are under construction in Nantong.
The ton/year bisphenol A plant will be put into operation until the first quarter of 2009; Zhongxin Chemical’s closure, the initial ex-factory price of 16,700 yuan/ton, the 25,000 ton/year bisphenol A plant has a low operating load, and the product is mainly supplied with supporting rings.
Oxygen resin plant (intermittent start-up, inventory digestion); Sinopec Mitsui's 120,000-ton/year bisphenol A plant is coming to an end.
It is planned to be put into operation from October to November.
It is still under commissioning and the raw materials have not yet been put into the tank.

(Our reporter Ye Hui)

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