Daily review of BPA: Be cautious when chasing high

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 16, 2010: The domestic bisphenol A market is cautiously chasing high, and the market is temporarily stable.
On the last trading day (July 15), the mainstream transaction price in East China in the mainstream market maintained a range of 15,600-15,800 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market on the day was high and firm, and there were not many saleable resources.
The holders controlled the pace and cautiously wait and see.
The level of mainstream negotiations remains to be seen in the range; The related product epoxy resin chloropropane has become weak, and the downstream market is difficult to predict.
It is cautious to chase high BPA.
In short, the current market trading price is high and the volume is shrinking, and it is difficult for second-hand merchants to move goods at low prices.
Last day, Sinopec Mitsui’s price rose, coupled with the tight spot volume of BPA, the market has risen further, but the current momentum has been succumbed.
The external disk has slightly warmed up with the RMB market, the phenol spot is strong, the BPA short-term mentality is optimistic, and the price is tight.
Yang market continued, narrowly arranged.
At present, the Asian market continues to be quiet, and different domestic trade markets are relatively hot.
Foreign companies bid for some of the foreign sources of 1850-1900 US dollars/ton (CFR China's main port), and the negotiated price climbs slightly to 1800-1850 US dollars/ton (CFR China Near the main port), however, downstream demand continues to be poor, importers are cautious in taking orders, and there is a lack of substantial negotiations and transactions.
In the past week, the domestic BPA market transactions were scarce, and the stock holders were scarce, and they were reluctant to sell or offer high prices.
Most of them had little intention of shipping.
It was difficult for buyers to find the goods.
In addition, the market was cautious to catch up, and the overall market was insufficient.
Very few transactions.

    On the last trading day (July 15), the price of bisphenol A market was high and fluctuated within a narrow range.
Manufacturers increased and the spot market rose.
It is expected that the domestic bisphenol A market will continue to push up in the near future.
Among them: Sinopec Mitsui raised 400 yuan/ton to 16,000 yuan/ton.
In view of the tight supply and the increase of manufacturers, the spot price will continue to rise under the double benefits.
However, the increased caution and the scarcity of high-level actual discussions.
The rise of phenol is only one of the reasons for the promotion.
The tight supply of goods is currently the biggest support.
Phenol was compensated for by some production companies, and the spot offer in East China was pulled to 14,000 yuan/ton, and there were few transactions at a high level.
The acetone market continued to trade sideways and the trading atmosphere was flat.
The mainstream negotiation price in East China was 5500-5600 yuan/ton.
At present, bisphenol A and phenol are both rising: Since the end of June, bisphenol A and the raw material phenol have been relying on each other and have risen side by side.
The two-week increase was 1,000 yuan and 2,000 yuan/ton respectively.
Most are passive follow-up states.
The stock holders are scarce, reluctant to sell or offer higher prices, and have little intention to ship.
It is expected that the market will continue to push the atmosphere and pay attention to the facts about the market and the continued high market.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 16,000 yuan/ton, the mainstream transaction price is 15600-15800 yuan/ton; the mainstream quotation in Huangshan region is 16,000 yuan/ton , The mainstream transaction price is 15700-15900 yuan/ton; the mainstream quotation in North China is 16000 yuan/ton, and the mainstream transaction price is 15600-15900 yuan/ton; the mainstream quotation in South China is 16500 yuan/ton, and the mainstream transaction price is 16100-16300 yuan/ton.

    Domestic bisphenol A manufacturers respond to the market's rise.
Existing devices are operating normally, new devices are gradually stabilizing, raw materials are rising and falling, their own market continues to rise, cost factors are no longer dominant, supply tightness is limited, the scale of shipments is small, and inventory pressure is not great.
The main characteristics of the overall operation are as follows: wait and see the market, normal operation, inability to control, follow the goods mainly, and the overall production load level is acceptable.
According to market experts from the China Epoxy Industry Association ( www.
epoxy-e.
cn ), on the same day: Bayer Shanghai closed the disk, the initial ex-factory price was 17,200 yuan/ton, and the main configuration was the supply of downstream polycarbonate devices and a small amount of external sales.
Recently, the spot price of polycarbonate has been weak and the price has dropped sharply.
The bisphenol A unit of 100,000+110,000 tons/year is operating normally, the load is 80%, and the polycarbonate unit of 100,000+100,000 tons/year is operating normally; Sinopec Mitsui’s ex-factory price is 16,000 yuan/ton , The 120,000 tons/year bisphenol A plant is operating at full capacity, and the contract supply is mainly implemented, and the spot trend is paid more attention; Wuxi resin is closed, the pre-ex factory quoted price is 17500-18000 yuan/ton, and the main supply is Xitong epoxy resin plant ( The overall production capacity is 100,000 tons/year), Wuxi polycarbon grade products are ready for export, Nantong epoxy grade products are mainly used for self-use, Wuxi 25,000 tons/year bisphenol A plant is operating normally, Nantong 90,000 tons/year bisphenol A plant is operating Stabilization, normal output of epoxy-grade products; Zhongxin Chemical closed the disk, the initial ex-factory price was 16,900 yuan/ton, and the 25,000-ton/year bisphenol A plant was operating normally and started at full load.
The products are only for self-use, and the main supply is Suicheng Epoxy resin plant (overall production capacity exceeds 50,000 tons/year), upstream 200,000 tons/year phenol ketone plant is operating stably.

(Our reporter Shu Huan)

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