Daily review of BPA: a strong atmosphere

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from April 15, 2010: The domestic bisphenol A market has a strong atmosphere and a strong high position.
On the last trading day (April 14), the mainstream transaction price in the East China region of the mainstream market was in the range of 15700-15800 yuan/ton, and the low-end price was raised by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to push the atmosphere that day, and the focus of negotiations in East China and North China continued to move up, and the low-end was no longer the high-end.
Crude oil fell for five consecutive trading days, suppressing the industry's mentality to a certain extent, but most of the quotations were firm, the downstream procurement was not enthusiasm, interest was mediocre, and the spot market trend was obviously restricted.
Some importers were afraid of high prices and were cautious in chasing imports.
Demand performance is relatively "quiet", inventory consumption is dominant, short-term mentality is relatively calm, the raw material phenol market fluctuates and rises, Yanshan Petrochemical supplements the rise, the mainstream transaction in East China is 13,200-13500 yuan/ton, the market supply is short-lived and the speculation atmosphere is strong; The mainstream negotiation of the acetone market in Jiangsu and Zhejiang is at 8550-8600 yuan/ton, with a narrow correction in the external disk.
The domestic bisphenol A market continued its upward push, but the upward pressure increased.
In short, the recent strong support for the cost of bisphenol A, coupled with the high external market, although the bisphenol A market has encountered lackluster downstream buying and short-term pressure on related products, epichlorohydrin, which continues to rise, it is still not enough to change the main tone of the short-term market.
On the same day, Shanghai Bayer rose, and Sinopec Mitsui also raised expectations due to costs.
It is expected that the short-term market will continue to fluctuate at a high level.

On the previous trading day (April 14), the bisphenol A market was strong and the atmosphere was strong.
Some people’s confidence was slightly suppressed.
The cost and external disk support were strong.
Most of them were optimistic about the market and were reluctant to sell.
The downstream purchasing enthusiasm was weakened, and the consumption of inventory was Mainly, trading is normal, the enthusiasm for purchasing in the market has declined slightly, and the price of raw material phenolic ketone has further risen.
The impact on the spot of bisphenol A is temporarily not obvious.
The pure benzene market is strong, and crude oil has been trading for 4 consecutive days.
The callback, coupled with the unclear direction of epichlorohydrin, the bisphenol A market lacks significant terminal demand support.
Low-priced goods are hard to find in the market.
In short, the spot price of bisphenol A has turned to volatility recently, but the rising trend of raw materials and external disks continues, and there is still support for the spot of bisphenol A.
Although there are high profit-taking by some businesses in the market, the current situation of the whole market is not what it used to be-the economic recovery continued in the second quarter-the volatility of commodities supported by inflation and high oil prices is improving.
With regard to follow-up costs and the current market supply and demand fundamental analysis, The above is not enough to cause too much impact on the spot market.
It is expected that the short-term high volatility and consolidation of the market will continue.
Among them: the mainstream quotation in East China is 16000-16200 yuan/ton, the mainstream transaction price is 15700-15800 yuan/ton, and the low-end price is raised by 100 yuan/ton; the mainstream quotation in Huangshan area is 16100-16200 yuan/ton, and the mainstream transaction price is 15800-15900 yuan/ Tons, increase by 100 yuan/ton; mainstream quotations in North China are 16100-16200 yuan/ton, mainstream transaction prices are 15800-15900 yuan/ton, increase by 100 yuan/ton; mainstream quotations in southern China are 16500-16700 yuan/ton, mainstream transaction price is 16,200 ~16,300 yuan/ton, and 100 yuan/ton for the low-end.

    Domestic bisphenol A manufacturers support, some follow up, the spot is sorted, the spot is up, the mentality is good, the supply is limited, it helps to go up, continue to attack, the start-up is still low, some devices are still to be tested, and new devices have not yet been released.
The overall main characteristics are still shown as follows: cater to the market, increase operational efforts, wait-and-see push to increase, better operational mentality, maintenance of load, and low capacity utilization.
According to market experts from the China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 16,100 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 tons/year bisphenol A unit is operating stably, and the 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 15,800 yuan/ton and 120,000 tons/year bisphenol A The device is operating normally and is running at full capacity.
The products are mainly supplied to polycarbonate manufacturers.
The accumulated inventory and retail investors are temporarily not exported.
Further attention will be paid to the trend of the spot market.
There will be a certain upward adjustment plan within the week; Wuxi resin is closed, and the pre-factory price is 17500~18000 yuan/ Ton, the product is for self-use, no export sales in the near future-the main supply is Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), some outsourcing, the 25,000 tons/year bisphenol A plant in Wuxi is in general operation and the load is not high , Nantong’s 90,000-ton/year bisphenol A plant is continuing its trial operation and plans to produce qualified products by the end of this month; Zhongxin Chemical’s ex-factory price is 16,000 yuan/ton, and the 25,000-ton/year bisphenol A plant is operating smoothly, and the main supplier is Suicheng Epoxy Resin plant (overall production capacity is more than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Lan Xin)

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