Daily review of BPA: limited adjustment

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 3, 2010: The domestic bisphenol A market has limited adjustments and slight fluctuations.
On the last trading day (March 02), the mainstream transaction price in the mainstream market in East China remained at the range of 14,000 to 14,200 yuan/ton for the time being.
According to analysis by market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was mainly flat on the day, and some areas continued to rise, or the center of gravity was closer to the mid-to-high end.
Good support, the overall attitude of the holders of goods is optimistic.
Although the downstream production and sales are not smooth and the increase is difficult, although the downstream production and sales are not smooth, the current high prices are increasing, and the supply of goods is still mainly in the middle link.
Crude oil fluctuated at a high level near US$80/barrel, but oversupply pressure of pure benzene, weak European and American markets dragged down internal and external disks, and spot prices followed suit.
Domestic Sinopec’s quotation was lowered by RMB 200/ton to RMB 7,300/ton; domestic market for phenol ketone was weak and fluctuating.
, The negotiated price of phenol in East China is 12,000 yuan/ton, and a small amount of close to high-tech prices is slightly lower.
The acetone in Jiangsu and Zhejiang is weaker, and the negotiated price is about 8,700 yuan/ton.
In terms of external disks, offers generally rose to about US$1,750/ton (CFR China’s main port).
Last week, there were transactions of US$1,650-1,720/ton (CFR China’s main port).
Among them, 500 tons of merchants changed hands at the beginning of the week at a price of 1,650.
USD/ton (CFR China's main port), 500 tons were traded at US$1650~1730/ton (CFR China's main port), and hundreds of tons of Korean cargo were traded at US$1710/ton (CFR China's main port).
Ships in March goods.

On the trading day (March 02), the domestic BPA market atmosphere was still warm and favorable, but the differentiation of raw materials was weakened, and follow-up active attention and changes were made.
Short-term BPA continued to run at a high level.
Although still more wait and see, some intermediate businesses The quotation has risen and the low-end has been raised, the actual transaction is temporarily unclear, and the range has rebounded slightly; domestic supply is expected to increase: Wuxi resin 25,000 tons/year equipment is about to restart, Nantong 90,000 tons/year equipment input, Sinopec Mitsui maintains high Load operation, the overall domestic supply means an overall increase; manufacturers' quotations are expected to remain high, because of high costs and subsequent upward trends, the market mentality is still cautiously optimistic, epoxy resin is gradually recovering, demand is expected to increase, and bisphenol A fluctuates Adjust and gradually consolidate the bottom foundation.
The bulk market is expected to continue to rise.
After the holiday, the real economy will further recover and the potential market demand will increase.
Relatively high costs and high external disk support are expected to remain high.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14300-14500 yuan/ton, the low-end price is raised by 100 yuan/ton, and the mainstream transaction price is 14000-14200 yuan/ Tons; mainstream quotations in Huangshan area are 14300-14600 yuan/ton, low-end prices are raised by 100 yuan/ton, mainstream transaction prices are 14100-14300 yuan/ton, high-end prices are raised by 100 yuan/ton; mainstream quotations in North China are 14300-14600 yuan/ton, low The upper end is raised by 100 yuan/ton, the mainstream transaction price is 14100-14300 yuan/ton, the high-end price is raised 100 yuan/ton; the mainstream quotation in South China is 14800-15000 yuan/ton, the low-end price is raised 100 yuan/ton, and the mainstream transaction price is 14500-14700 yuan.
/Ton.

Domestic bisphenol A manufacturers' quotations have risen and continue to promote, and the market sentiment has changed and they have begun to take the initiative.
The overall start of construction is still limited, and some festivals have stopped until now.
The overall main characteristics continue to be: catering to the market, increased operational efforts, equipment maintenance, some have been restarted, no longer pushing up, operating mentality is improving, load maintenance, capacity utilization is still low, offers are stable, and trading and shipments are flexible.
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 14,500 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 14,500 yuan/ton, 120,000 tons/year The bisphenol A plant ran normally and started up at full capacity.
The products were mainly supplied to polycarbonate manufacturers, and the core contract users were mainly, and the delivery remained stable; the Wuxi resin was closed, the pre-factory price was 17500-18000 yuan/ton, and the products were used for their own use.
There is no export sales in the near future-the main supply of Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), partial outsourcing, 25,000 tons/year bisphenol A unit failure disposal, about to restart, Nantong 90,000 tons/year double The phenol A plant was put into use on February 22, and if it goes smoothly, it is expected to be discharged in early April; Zhongxin Chemical will close the disk, the initial ex-factory price of 9,500 yuan/ton, the 25,000 tons/year bisphenol A plant is running smoothly, and the main supply is Suicheng epoxy resin The equipment (overall production capacity is more than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Liang Xi)

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