Daily Review of Bisphenol A: Unabated Rally

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 14, 2010: The domestic bisphenol A market continues to grow, and the heat remains strong.
On the last trading day (October 13), the mainstream transaction price in East China in the mainstream market has formed a range of 21500-21800 yuan/ton, with an increase of 500 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment continued to soar that day.
The offer price could be as high as 22,000 yuan/ton, the negotiation moved up simultaneously, the supply of goods was tight, and the market was delisted at low prices.
Second-hand merchants are cautiously optimistic and have strong intentions for actual operation.
The market continues to be high, prices are rising step by step, the spot is hard to find, and the trading atmosphere is enthusiastic.
Some downstream manufacturers have active inquiries and hard-to-find stocks.
Some early-stage inventories are exhausted and high-level purchases are cautiously based on demand.
In view of the fact that there is still room for upside in the later market; imported goods will gradually arrive after the National Day, but the quantity is not large and many are sold.
They were sold out, so the tightness of goods was limited.
At the end of the month, some imported goods arrived and the quantity increased slightly.
The bisphenol A external disk market has been rising for 7 consecutive weeks.
Since late August, it has risen by 380-450 US dollars/ton to 2300-2400 US dollars/ton (CFR China’s main port).
Selling intentions tend to be high-end, with an average increase of 20%, although downstream Demand was further squeezed, but due to the scarcity of supplies, the overall mentality in October was still relatively optimistic.
At present, the domestic supply and demand gap still exists, the contradiction continues to deepen, the tighter price rise is maximized, and the short-term gains are obvious.
Market traders are cautiously sticking to it.

    On the trading day (October 13), the market performance of bisphenol A raw materials was mixed, weak or warm.
Among them: the phenol market continues to weaken, the price market has not changed much, and there are signs of negative decline in some parts.
The mainstream negotiating price in East China is around 14,600 yuan/ton, and some are slightly lower and higher.
Mainly, downstream manufacturers make up as needed, and the market outlook is still more cautious; the acetone market tends to be stable, the outlook is good, the price of Gaoqiao Petrochemical rises, and there are people in the market waiting to see the atmosphere gradually, East China quotes 6900-7000 yuan/ton , The mainstream negotiating price is 6,900 yuan/ton.
Trading merchants control shipments and reluctant to sell at low prices.
Intermediate merchants are more active in inquiries.
Currently, market participants are still confident that the market will continue to rise.
According to the market experts of the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the regional quotation of the domestic bisphenol A market, among which: the mainstream quotation in East China is 22,000 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction The price is 21500-21800 yuan/ton, 500 yuan/ton upward; the mainstream quotation in Huangshan area is 22000 yuan/ton, the low-end price rises 500 yuan/ton, the mainstream transaction price is 21500-21900 yuan/ton/ton, and the low-end price rises 200 yuan/ Tons/high-end increases by 400 yuan/ton; mainstream quotations in North China are increased by 22,000 yuan/ton, low-end prices are increased by 500 yuan/ton, mainstream transaction prices are increased by 21,500-21800 yuan/ton, and low-end prices are increased by 200 yuan/ton/high-end by 300 yuan/ton ; The mainstream quotation in South China is 22,500 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 22,000-22300 yuan/ton, and the high-end price is raised by 500 yuan/ton.

    Domestic bisphenol A manufacturers continue to operate at a high level and continue to rise.
The gap between supply and demand in the domestic market is widening, and the speculation atmosphere is enthusiastic.
The products are mainly supplied to core customers and the external sales are small.
Most of the external quotations are temporarily not quoted, and a few have raised quotations.
The market continues to be tight, the merchants are actively speculating, and the spot is still tight and continues to rise.
The scale of export sales Fewer is still the main feature, part of the device is overhauled.
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 20,300 yuan/ton, and the intention continued to increase.
It mainly supplies downstream polycarbonate devices with only a small amount of external sales.
The 100,000+110,000-ton/year bisphenol A unit is operating smoothly, the prilling tower load is average, and the 100,000+100,000-ton/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 20,700 yuan/ton, an increase of 400 yuan/ton, 12 The 10,000-ton/year bisphenol A plant is operating at full capacity, the contract is mainly executed, and the market supply is temporarily limited.
The product is mainly supplied to contract users and the arrangement is tight; Wuxi resin is closed, and the pre-factory price is 17500~18,000 yuan/ton, the main supplier Xitong epoxy resin plant (overall production capacity is 100,000 tons/year), most of Wuxi polycarbon grade products are for self-use, but a small amount is exported, Nantong epoxy grade products are all for self-use, and Wuxi 25,000 tons/year bisphenol A plant is operating normally and has a start-up load High, Nantong’s 90,000-ton/year bisphenol A plant is operating at a normal rate and has a load of 50%; Zhongxin Chemical’s closed disk, the pre-factory price is 16,900 yuan/ton, and the 25,000-ton/year bisphenol A plant is shut down for maintenance, one week, and the product is for self-use Mainly and mainly supply Suicheng epoxy resin plant (overall production capacity is more than 50,000 tons/year), upstream 200,000 tons/year phenol ketone plant is operating stably and will be overhauled in the near future.

(This station reporter Xingchen)

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