Daily Review of Bisphenol A: Warm inside and rise outside

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 13, 2009: The domestic bisphenol A market is warming internally and externally, and the mainstream market in East China on the trading day (February 12) The mainstream transaction prices in the region have slightly increased to 7400-7500 yuan/ton, and the low-end price has been raised by 100 yuan/ton.
According to analysis by market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market characteristics of the day were still: high consolidation, limited transactions-the market entered a relatively high level, continued to lack transaction support, and the overall wait-and-see atmosphere was relatively strong.
The offer is over 7,500 yuan/ton, low-price resources are hard to find, and the market is still tight.
Many trading companies are reluctant to sell, and the quotations have risen considerably.
Although there are many enquiries and few actual discussions; domestic manufacturers continue to control the start of construction, and none of them External quotations mainly supply pre-contracts or self-use supporting facilities, while downstream manufacturers resume production slowly, raw materials both fluctuate at a high level, resulting in a strong wait-and-see mood for their families.
Most of the negatives are supply at a reasonable price, and the market is difficult to support the scale of transactions; and this At the same time, the external market has further risen.
Due to the continuous pull of the spot market and the continuous upward trend of raw materials, the market price of the external market has risen rapidly.
At present, the foreign cargo has reached a new high in February-the offer is mostly US$900/ton (CFR China's main port), and the negotiation exceeds US$850/ton (CFR China's main port), some downstream users and importers negotiate and intend to US$820/ton (CFR China's main port).
Although the overall atmosphere is still strong, it is still difficult to sell at this price; after the Spring Festival, the upward has reached 50 USD/ton, given that the downstream is mostly started after the Lantern Festival, the market has lingering fears about this "rapid rise", so follow up carefully while watching.

On the last trading day (February 12), the domestic BPA market continued to pick up, and the negotiated prices were fine-tuned day by day, and the high-end was subject to certain resistance.
Although there were more inquiries and few actual discussions, the external market prices continued to rise, and the internal and external markets responded to the interaction; raw materials; The difference in the phenol ketone market has risen.
The price of phenol in East China has continued to rise and is already at the level of 5000 yuan/ton.
The price of acetone in East China is 4700-4800 yuan/ton, basically maintained.
The cost of raw materials continues to rise, leading to the initiation of lifting emotions.
The ketone external disk continued to rise, supporting the bisphenol A market.
Downstream epoxy resins remain on the sidelines, manufacturers are recovering slowly, raw materials are cautious, and the price of bisphenol A lacks support.
At present, the market is slightly warm, and the market is operating within a narrow range.
Although resources are limited, merchants are reluctant to sell, and the price center continues to move upward.
, But the hype factor cannot be ruled out.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7600-7700 yuan/ton, the increase is 100 yuan/ton, the mainstream transaction price is 7400-7500 yuan/ton, The low-end price is raised by 100 yuan/ton; the mainstream quotation in Huangshan area is 7600-7800 yuan/ton, the price is raised by 100 yuan/ton, the mainstream transaction price is 7400-7600 yuan/ton, and the high-end price is raised by 100 yuan/ton; the mainstream quotation in North China is 7600-7700 yuan /Ton, raise 100 yuan/ton, mainstream transaction price 7400-7600 yuan/ton, high-end price raise 100 yuan/ton; mainstream quotation in South China 8100-8300 yuan/ton, raise 100 yuan/ton, mainstream transaction price 7900-8000 yuan /Ton, the lower end will be raised by RMB 100/ton.

    The characteristics of domestic bisphenol A manufacturers are still: high production capacity, low load, low-key operation, unclear quotation, basic supporting facilities, and a small amount of external supply; although the production capacity has reached a new high, the power of discourse needs to be improved.
The current overall low load and full closure , Still reflects the heavy operating pressure of its operation, behind the fact that oversupply is causing trouble, and it is difficult to fundamentally reverse it in the short term.
According to market experts from 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.
The products are mainly for self-use, and the overall load is less than 50%, 11+10 The load of the 10,000-ton/year bisphenol A device is not high, and the overall load is 50%.
The first set of 100,000-ton/year polycarbonate device has a lower load, and the second set of 100,000-ton/year polycarbonate device was mechanically completed in October 2008.
/Start-up in December; Sinopec Mitsui’s 120,000-ton/year plant resumes discharging, limited load, low product inventory, and main contract users-mainly polycarbonate manufacturers; Wuxi resin is closed, and the initial quotation is 17,500~18,000 yuan/ Ton, the product is for self-use and basically no export-the main supply is for the Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), and the 16,000 tons/year bisphenol A plant will be shut down and restarted on April 17th.
The 25,000-ton/year bisphenol A plant is operating normally, and the catalyst replacement is planned.
In March, Nantong’s 90,000-ton/year bisphenol A plant is scheduled to be put into operation in the second quarter; Zhongxin Chemical will be closed, and the initial ex-factory price of 8,000 yuan/ton, 25,000 tons/year The bisphenol A plant was operated at low load every year, and the main supply was the Suicheng epoxy resin plant (overall production capacity was over 50,000 tons/year), and there were not many exports.

(Our reporter Shu Huan)

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