Daily review of BPA: difficult to maintain

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on October 31, 2008: The domestic bisphenol A market is difficult to maintain and the situation continues to fall.
It is a pity that the last trading day (October) 30th) The mainstream transaction price in the East China region of the mainstream market has fallen to 8400-8600 yuan/ton, the low-end price is lowered by 400 yuan/ton, the high-end price is lowered by 600 yuan/ton, and most of the low-end prices continue to be lower.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market followed a weak consolidation pattern that day, and the downward momentum was still unbearable.
The overall market for related products remained sluggish, and the upstream raw materials were under downward pressure.
Unabated, downstream consumer demand has shrunk seriously, the digestion of goods is slow, market support is severely weak, and the overall chemical industry is in a downturn.
Waiting is the best avoidance option.
It is expected that 8,000 yuan/ton will face the test.
At present, some large orders have contacted this Line; the bisphenol A external disk market is unusually weak, and end users and import merchants are "afraid of difficulty"—mostly retreating to the second line.
Regional suppliers lack firm quotations and increasing inventory pressure.
At present, many phenol ketone devices have begun to reduce production and double The phenol A plant will not escape bad luck later, and there is no substantive reference in the foreign disk negotiations.
The mainstream intention is less than 1,200 US dollars / ton (CFR China's main port) and lower; in fact, Bayer Shanghai has stopped production, and Mitsui Osaka has 320,000 tons / The phenol ketone plant has also been shut down in 2011, and some bisphenol A plants in South Korea have been started under more control.
The later production reduction will become an important choice, mainly due to many factors such as weak downstream demand and deep decline in upstream raw materials.

On the trading day (October 30), the domestic bisphenol A market was still trending towards the end in the downturn, sporadic small orders and low-price inquiries were the main focus, social inventory consumption was extremely slow, the upstream raw materials continued to be exhausted, and the overall market mentality was exhausted.
A large number of prices have emerged, and the 8,500 yuan/ton price has fallen through; although the market decline has slowed down slightly, the economic environment has further deteriorated, the negotiating intention of the external market has fallen, and there is still room for further adjustments.
Multiple negatives continue to attack and the trend is difficult to stabilize.
The bottom line is still unknown and remains to be seen.
Most of the merchants are in serious losses, and the downstream part is still lowering prices; the current raw material market has fallen further, and the price of pure benzene Sinopec has been reduced to 4500 yuan/ton, 500 yuan/ton, and phenol Gaoqiao Petrochemical factory 8500 yuan Yuan/ton, down 500 Yuan/ton, acetone manufacturers are upside down with the market, and there are still adjustment risks in the later period.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 8600-9000 yuan/ton, the low-end price is lowered by 700 yuan/ton/ the high-end price is lowered by 500 yuan/ton, and the mainstream The transaction price is 8400-8600 yuan/ton, the low-end price is lowered by 400 yuan/ton/ the high-end price is lowered by 600 yuan/ton; the mainstream quotation in Huangshan area is 8700-9000 yuan/ton, the low-end price is lowered by 600 yuan/ton/ the high-end price is lowered by 500 yuan/ton, The mainstream transaction price is 8500~8800 yuan/ton, 500 yuan/ton; the mainstream price in North China is 8700~9000 yuan/ton, the low-end price is lowered by 600 yuan/ton/the high-end price is lowered by 500 yuan/ton, and the mainstream transaction price is 8500-8800 yuan/ Tons, low-end prices are lowered by 600 yuan/ton/high-end prices are lowered by 500 yuan/ton; mainstream quotations in South China are lowered by 9100-9500 yuan/ton, low-end prices are lowered by 700 yuan/ton/high-end prices are lowered by 500 yuan/ton, mainstream transaction prices are 8900-9100 yuan /Ton, down by 600 yuan/ton.

Domestic BPA manufacturers lack offers, passively wait and see, and some manufacturers stop to avoid risks.
The overall characteristics continue to be: limited output, low inventory, few export sales, weaker impact, reduced production operations, few shipments, and restricted sales.
Mainly for upstream and self-use, each plant has downstream supporting facilities, and the scale of external supply is very limited; the operation of the equipment is maintained at a very low level, including: Bayer Shanghai started to stop, Wuxi resin started one stop, Zhongxin Chemical's load was average, and Bayer Shanghai's second set It is good for the polycarbonate unit to be put into production later, but it is bad for Sinopec Mitsui's BPA unit to be put into operation soon.
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 phenol A plant will be shut down.
It is planned that by the end of the year, the load of the 100,000-ton/year polycarbonate plant will be relatively low.
The second set of 100,000-ton/year polycarbonate plant will be mechanically completed in October; Wuxi resin will be closed, and the preliminary price will be 17,500~18,000 yuan.
/Ton, the product is mainly for self-use, and the export quantity is not large.
The 16,000-ton/year bisphenol A unit has been shut down for maintenance on April 17 and may not be restarted.
The 25,000-ton/year bisphenol A unit is operating normally and is under construction in Nantong The 90,000-ton/year bisphenol A plant will be put into operation until the first quarter of 2009; Zhongxin Chemical has closed the disk, the initial ex-factory price is 16,700 yuan/ton, and the 25,000-ton/year bisphenol A plant has a low operating load, and the main product supply Equipped with epoxy resin equipment (intermittent start-up and inventory digestion); Sinopec Mitsui's 120,000-ton/year bisphenol A plant has initially successfully started up, and will be officially put into operation next week.

(Our reporter Feng Fei)

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