Daily Review of Bisphenol A: The outer disk plummeted

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 21, 2008: The domestic bisphenol A market continued to fall sharply in the context of the collapse of the external market, and the market continued to fall sharply on the previous trading day ( (October 20) The mainstream transaction price in East China in the mainstream market has dropped from 12,000 to 12,300 yuan/ton, low-end 600 yuan/ton/high-end 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was extremely sluggish that day, and the priceless market trend was almost straight down.
In view of the continuous decline in spot prices, the stockholders began to close the market.
, The downstream purchase intention is limited, some of them are expected to fall as soon as they are mentioned, 12,500 yuan/ton is lost in an instant, and 12,000 yuan/ton is facing the test.
At present, some of the low-end oceans have stuck, and the overall negotiating transaction volume is scarce; bisphenol A external disk decline Set a new high-plunged 120-130 US dollars / ton to 1520-1580 US dollars / ton (CFR China's main port), mainly due to the weak upstream raw material prices and the lack of China's main downstream, the market is dominated by sporadic small orders.
International crude oil continued to plummet, coupled with the continuous decline of upstream pure benzene and propylene to a record low in several years, the outlook for the external market of bisphenol A was extremely bleak; the overall market industry chain that day was still showing: the downstream height was weak, the supply of goods was slow, and the negative factors Frequent releases, a pessimistic attitude towards the market outlook, buyers with short positions and wait and see, and a pessimistic market attitude.
At present, the raw material phenol ketone is further weakened.
There is no intention for foreign trade negotiations, the weakness of domestic trade is further reduced, and the cost of ring chlorine continues to fall.
It is expected to be in the resonance of the decline in crude oil.
, The tone of the bear market is still difficult to change in the short term.

On the last trading day (October 20), the domestic BPA market dropped sharply, the price fell rapidly, and a new range was formed.
The focus of transaction negotiations became lower, and some foreign small orders were slightly higher.
Lower limited transactions are also heard; downstream ring Oxygen resin is sluggish, the backlog of finished products is increasing, the resistance to shipments is heavy, and the frequent downward adjustment of raw materials is unstoppable.
The downstream part cuts production and stops production to avoid further losses.
As a result, there are very few purchasers in the market.
Market shipments have almost stagnated; the decline in raw material cost support is an important factor in the continued market adjustment, but it is definitely not the whole problem.
The decline of BPA is not only due to the raw materials, but the crux of more demand is shrinking.
The current market confidence is collapsing and fearful of falling Psychologically serious.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 12,200-12,600 yuan/ton, down by 600 yuan/ton, and the mainstream transaction price is 12,000-12300 yuan/ton.
Lower-end prices are lowered by 600 yuan/ton/high-end prices are lowered by 500 yuan/ton; mainstream quotations in Huangshan area are lowered by 12400-12700 yuan/ton, lowered by 600 yuan/ton, mainstream transaction prices are lowered by 12300-12400 yuan/ton, and low-end prices are lowered by 100 yuan/ton/ The high-end price is lowered by 600 yuan/ton; the mainstream quotation in North China is 12400-12800 yuan/ton, the low-end price is lowered by 600 yuan/ton/high and 500 yuan/ton, the mainstream transaction price is 12300-12500 yuan/ton, and the price is lowered by 500 yuan/ton; South China Regional mainstream quotations are 12700-13100 yuan/ton, low-end prices are reduced by 500 yuan/ton/high-end prices are lowered by 600 yuan/ton, mainstream transaction prices are 12500-12800 yuan/ton, low-end prices are lowered by 600 yuan/ton/high-end prices are lowered by 500 yuan/ton.

    Domestic bisphenol A manufacturers have no other countermeasures, only limited sales.
Each factory has downstream supporting facilities, and the scale of export is very limited.
The overall characteristics are: limited output, low inventory, little export, weaker influence, reduced production, operation, and shipment Very few, limited sales are the top priority, self-use mainly, the price is unknown, and there is a lack of offers.
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 device is relatively low, and the load of the 100,000-ton/year polycarbonate device is relatively low.
The second set of 100,000-ton/year polycarbonate device has been mechanically completed in October; Wuxi resin is sealed, and the initial price is 17500-18000 yuan/ Ton, the product is mainly for self-use, and the export quantity is not large.
Most of the production is for its own epoxy resin.
The 16,000 tons/year bisphenol A unit has been shut down on April 17 for maintenance and the restart date has not been determined.
25,000 tons/year bisphenol A unit The operation is normal, and the 90,000 tons/year bisphenol A plant in Nantong is under construction, and it is planned to be put into operation at the end of 2008; Zhongxin Chemical’s ex-factory price is 16,700 yuan/ton, and the 25,000 tons/year bisphenol A plant has a relatively low operating load.
Oxygen resin plant; Sinopec Mitsui's 120,000-ton/year plant is coming to an end, and it is planned to be put into operation from October to November.
Regarding the operation of offshore installations: Taiwan’s South Asia’s fourth 130,000-ton/year bisphenol A installation was closed, and the routine period was 15 days for maintenance, but due to inventory pressure, it may not start as scheduled; Taiwan’s Xinchang, Kaohsiung, 80,000 tons/year The bisphenol A plant and the operating load further dropped to about 70%, mainly due to the weak demand in the downstream market.

(The reporter of this site is closed)

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