Daily review of BPA: flat trading

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 11, 2010: The domestic bisphenol A market is flat and stable temporarily.
On the last trading day (February 10), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 13,300-13,500 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that as the Chinese New Year holiday approached and market participants left the market one after another, the spot BPA entered a state of low market price, and the level of negotiation remained unchanged.
There are few transactions heard, the atmosphere before the holiday is getting stronger, the transaction is deserted, the holding merchants are waiting and watching, and the post-holiday is cautiously optimistic, the international oil price fluctuates higher, the decline of pure benzene narrows, and the phenolic ketone market is stable and the light pattern continues.
Many downstream manufacturers—especially solid epoxy resin manufacturers—have ceased production and entered a holiday state.
Distributors have also left the market one after another.
Some "stay behind" wait and see the market and have little intention to ship.
The raw material pure benzene fluctuates in a narrow range, the spot is sluggish, and the transaction is scarce.
Refer to the negotiated price of about 7500 yuan/ton; the phenol-acetone spot market is light and the market remains high.
The negotiated price in East China is 11600-11700 yuan/ton for phenol and 8900-8950 for acetone.
Yuan/ton, the downstream has entered the holiday state one after another.
The downstream epoxy resin market turned light, and many manufacturers stopped or reduced production for the holidays, and the number of market transactions further decreased.
However, the cost of external disks was supported and prices were firm.
In short, the end of the year is approaching, the bisphenol A market has a strong holiday atmosphere, the trade is weak, the interest in entering the market is weak, most of them leave the market, some are busy collecting money for the New Year, and the overall search for goods is deserted.

    On the last trading day (February 10), the domestic BPA market atmosphere was deserted and the price remained unchanged.
The mainstream manufacturer users finished stocking, and some of them entered the holiday.
Sporadic replenishment transactions followed the market, and the volume was limited.
Buyers and sellers left the market and showed little interest in pre-holiday transactions.
, International crude oil prices rebounded moderately, pure benzene continued to fall both internally and externally, and the phenol ketone market remained stable.
It is expected that bisphenol A will continue to shrink and stabilize.
As the end of the year approaches, market dealers are gradually leaving the market, downstream stocks are basically coming to an end, the start-up load is gradually reduced, coupled with the in-depth adjustment of oil prices and more wait-and-sees, the external market continues to stalemate, and there are few trading reports.
Since the crude oil fell last week, the pure benzene has dropped and fluctuated.
In March, any delivery order was US$900/ton (CFR China's main port), and in February, the shipment was negotiated at US$923/ton (FOB China's main port).
Sinopec Decrease; the external supply of phenol is tight, rising by 10-20 US dollars/ton, and the price of internal negotiation is high; acetone has been stable for 3 consecutive weeks, and the buying gas is insufficient.
The bisphenol A spot market has been deserted day by day, cost and external disk support, and merchants are reluctant to sell at low prices.
After the festival, downstream stocking is gradually completed and some production is suspended.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 13500-13600 yuan/ton, the mainstream transaction price is 13300-13500 yuan/ton; the mainstream quotation in Huangshan region is 13600 ～13700 yuan/ton, mainstream transaction price is 13500-13600 yuan/ton; mainstream quotation in North China is 13600-13700 yuan/ton, mainstream transaction price is 13500-13600 yuan/ton; mainstream quotation in South China is 14000-14100 yuan/ton, mainstream transaction The price is 13800~14000 yuan/ton.

    Domestic bisphenol A manufacturers are operating stably and responding to the market.
At present, the market is stable and mainly wait-and-see, and the overall start-up load is still limited.
The overall main features continue to be shown as follows: cater to the market, normal operation, equipment maintenance, some have been restarted, no longer pushing up, operation attitude is good, load is maintained, capacity utilization is still low, offers are stable, trading and shipment are flexible, a few Closing and actual shipment are in accordance with the market.
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 14,000 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 plant is all started, with a load of about 30%, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 14,000 yuan/ton, 120,000 tons/year The bisphenol A plant has been restarted and is operating normally.
The products are mainly supplied to polycarbonate manufacturers, and the core contract users are mainly, and the delivery remains stable; Wuxi resin is closed, the pre-factory price is 17500~18000 yuan/ton, and the product is for self-use, in the near future No export sales-main supply of Xitong epoxy resin plant (overall production capacity of more than 100,000 tons/year), partial outsourcing, 25,000 tons/year bisphenol A device failure, temporary shutdown, Nantong 90,000 tons/year bisphenol Unit A is ready for production and is scheduled to be put into production in February; Zhongxin Chemical has closed the disk, the pre-factory price is 9,500 yuan/ton, and the 25,000-ton/year bisphenol A unit has completed maintenance and runs smoothly.
The main supply of Suicheng epoxy resin unit (overall production capacity) More than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Xi Shi)

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