Daily review of bisphenol A: the atmosphere is slightly tired

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 10, 2010: The domestic bisphenol A market is slightly weak and the market is temporarily stable.
On the last trading day (March 9), the mainstream transaction price in the mainstream market in East China temporarily maintained the range of 14,000 to 14,200 yuan/ton.
The market experts of China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market was flat in the morning, the market was quiet, the quotation was broad, the negotiation was low, the downstream epoxy resin market performed poorly, and the wait-and-see atmosphere was strong.
The inquiry intention is downward, and the follow-up is under further attention.
At present, the spot market is calm and wait-and-see.
Supported by the strong international crude oil market, pure benzene in Asia rebounded for 2 consecutive days and once closed at $895/ton (FOB Korea).
The pressure of bisphenol A from benzene was relieved; the related product epoxy chlorine Propane has fallen sharply and demand recovery in the downstream sector needs attention.
At present, the overall mentality of bisphenol A is acceptable, and it is expected to continue the pattern of narrow fluctuations for the time being.
On that day, most regional markets in all regions closed flat, and the wait-and-see atmosphere was strong.
Last weekend, Sinopec Mitsui raised its quotation, and the impact of the spot price was not obvious.
The mainstream stockholders continued to hold their quotations.
There were mostly wait-and-sees downstream, and demand was suppressed.
Big, very few proactively looking for goods.
As the international crude oil fluctuates at a high level, the raw material pure benzene continues to rise in the external market, and domestic companies' downward adjustments affect the buying.
The spot purchase intention is only 7000-7100 yuan/ton, and the external market of importers has rebounded support and the quotation is higher; the phenol ketone spot market continues to weaken and fluctuate Among them, the phenol import market is temporarily deadlocked, and the weakening of acetone spot impacts, and imports are reduced by $15/ton.

On the last trading day (March 9th), the domestic BPA market was flat and flat, supported by high oil prices, and the pure benzene market for BPA raw materials rebounded.
Related product epichlorohydrin was adjusted in depth, and the negative effects were gradually digested.
Pay attention to downstream demand , The market trading situation, the short-term continued to operate within a narrow range of fluctuations.
Sinopec Mitsui’s support market is not obvious, and the BPA spot market is mostly on the sidelines and rarely heard of trading.
The related production of epichlorohydrin continues to pull back, which may have a certain impact.
After a brief rise last week, it fell into a stalemate.
The wait-and-see atmosphere increased, and some businesses took profits.
After mid-week, the decline of pure benzene increased.
The spot supply of phenolketone was abundant, and both entered the downward adjustment channel.
Bisphenol A was profitable.
The gap has widened, the cost of internal and external markets has weakened, the prices of related products are messy, and the call for decline is urgent; this week, the atmosphere of bisphenol A has been greatly affected, and it has entered a sideways shock pattern.
Although crude oil fluctuates at a high level of US$80/barrel, there are obvious signs of adjustment of bulk chemical products, leading the decline of the industry chain, shrinking liquidity, interest rate hike expectations and other sensitive factors, which will also suppress commodities.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14300-14500 yuan/ton, the mainstream transaction price is 14000-14200 yuan/ton; the mainstream quotation in Huangshan region is 14300～ 14600 yuan/ton, mainstream transaction price 14100-14300 yuan/ton; mainstream quotation in North China 14300-14600 yuan/ton, mainstream transaction price 14100-14300 yuan/ton; mainstream quotation in South China 14800-15000 yuan/ton, mainstream transaction price 14500～14700 yuan/ton.

    Some domestic bisphenol A manufacturers have slightly adjusted quotations and limited support for the market.
Despite the transformation of the market sentiment and proactive advances in the early stage, the start of construction is still limited, and some of them continue to stop.
The overall main characteristics continue to be: catering to the market, increased operational efforts, equipment maintenance, some have been restarted, no longer pushing up, operating mentality is improving, load maintenance, capacity utilization is still low, offers are stable, and trading and shipments are flexible.
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 14,500 yuan/ton, mainly for downstream polycarbonate devices and a small amount of external sales.
The supply scale is still limited and the market The impact is relatively small.
The 100,000+110,000-ton/year bisphenol A plant has all started, with a load of about 30%, and the 100,000+100,000-ton/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 14,800 yuan/ton, 120,000 tons/year The bisphenol A plant ran normally and started up at full capacity.
The products were mainly supplied to polycarbonate manufacturers, and the core contract users were mainly, and the delivery remained stable; the Wuxi resin was closed, the pre-factory price was 17500-18000 yuan/ton, and the products were used for their own use.
No export sales in the near future-the main supply of Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), some outsourcing, 25,000 tons/year bisphenol A plant restarted on March 2nd, and has been discharged on the 8th, Nantong The 90,000-ton/year bisphenol A plant was put into operation on February 22, and if it goes smoothly, it is expected to be discharged in April; Zhongxin Chemical will be closed, the pre-factory price is 9500 yuan/ton, and the 25,000-ton/year bisphenol A plant is running smoothly.
Suicheng epoxy resin equipment (overall production capacity is more than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Xi Shu)

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