Daily review of BPA: Slightly tight supply

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] August 2, 2010: The domestic market for bisphenol A is slightly tight, and sellers are reluctant to sell.
On the last trading day (July 30), the mainstream transaction price in the mainstream market in East China fluctuated at a high level in the range of 17,000 to 17,200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment on that day was still an upward trend.
Although the downstream market was cautious in entering the market at a high level, the external market followed up, the external market was relatively strong, and the supply was short-term.
The supply of goods is tight, the major merchants are reluctant to sell and speculate, and the market operation remains high and volatile.
The economic data in Europe improved, the US dollar exchange rate weakened, and international crude oil rebounded sharply.
Over the weekend, the market used to wait and see, and the market was adjusted at a high level.
At present, the spot market continues to fluctuate at a high level, and the market is gradually increasing sporadic offers.
The downstream highs are resisting wait-and-see, and some buying intentions are 17,000 yuan/ton.
Due to the lack of clear judgment on the market outlook, part of the inventory is digested and the market is going well.
Sinopec Mitsui’s quotation was raised by 200 yuan/ton to 17,000 yuan/ton, and the bottom of production was gradually consolidated.
The downstream epoxy resin part rose twice in a row, and the short-term digestion of the increase was wait and see.
The quotation of bisphenol A on the external disk was gradually pulled to US$2,000/ton, and the importers were cautious in chasing the increase, and the market was negotiating at US$1970/ton sporadically.
The original pure benzene market is sideways, and the spot is deadlocked.
It is necessary for the sellers to reluctantly sell at low prices and be cautious when entering the market.
East China negotiates 6400-6450 yuan/ton; the phenol spot market fluctuates at a high level, and East China negotiates 14700-14900 yuan/ton; acetone There are still lots of sales closed, and short-term cautious optimism is expected.
The East China region is negotiating 6100~-6200 yuan/ton.

    On the last trading day (July 30), the supply of bisphenol A in the BPA market was tight and the market was at a high level.
The downstream high levels digested inventory and cautiously wait and see.
The mainstream offer has reached 17,500 yuan/ton.
Merchants are reluctant to sell their goods, and the downstream is cautious about catching up.
Users said that the cost pressure has increased sharply, and 17,000 yuan/ton is on the sidelines.
The overall high-level transaction situation is average.
Both internal and external markets are on the rise, and the atmosphere of speculation is still strong.
Intermediate businesses in the market are active in inquiries.
The cost of downstream epoxy resins has increased, and the high mentality is slightly contradictory.
Some of them maintain production and still have reasonable prices.
With the increase in the spot market and an offer of US$2,000/ton for the external market, the internal and external market merchants have basically smoothed out their sets.
The raw material pure benzene fell in the external market and the spot price was narrow; the phenol ketone spot market fluctuated at a high level, the supply of phenol was not much, the merchants controlled the shipment, and the acetone was closed without reporting, which increased the atmosphere.
The market continued to push up, breaking through 17,000 yuan/ton in various places, and the sellers shipped goods on the market.
The seller's inventory is limited, and it is not ruled out that the seller will continue to push up.
Downstream cost pressures, cautious entry into the market, and tight supply are difficult to alleviate in the short term.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 17000-17500 yuan/ton, the mainstream transaction price is 17000-17200 yuan/ton; the mainstream quotation in Huangshan region is 17300～ 17,500 yuan/ton, mainstream transaction price 17100-17200 yuan/ton; mainstream quotation in North China 17400-17500 yuan/ton, mainstream transaction price 17100-17200 yuan/ton; mainstream quotation in South China 17500-18,000 yuan/ton, mainstream transaction price 17500～17700 yuan/ton.

    Domestic bisphenol A manufacturers responded to the market, and some of them increased again.
Existing equipment is operating normally, new equipment needs to be upgraded, raw materials are rising, its own supply is insufficient, the load is high, and the operation is mainly to push up, the supply is tight, the shipment continues to be limited, the inventory is low, and the supply is guaranteed.
The characteristics of the overall operation are as follows: responding to the market, strengthening its strength, inability to lead, responding to the market, and the overall operating load level is relatively high.
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, mainly for the supply of downstream polycarbonate devices, and a small amount of external sales.
The polycarbonate is weak, but the demand for BPA is maintained.
The 100,000+110,000-ton/year bisphenol A unit is operating normally, with a load of 80%, and the 100,000+100,000-ton/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 17,000 yuan/ Tons, 120,000 tons/year bisphenol A plant is operating at full capacity, the contract supply is the main focus, and the spot trend is paid more attention; Wuxi resin is closed, the initial ex-factory price is 17500~18,000 yuan/ton, and the main supply is Xitong epoxy resin plant (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's 25,000 tons/year bisphenol A plant is operating normally and is replacing ions, and Nantong 90,000 tons/year The operation of bisphenol A plant is stabilizing, and the quality needs to be further improved; Zhongxin Chemical has closed the disk, the initial ex-factory price is 16,900 yuan/ton, and the 25,000-ton/year bisphenol A plant is operating normally and starts at full load.
The products are only for self-use and main Supply Suicheng epoxy resin plant (overall capacity exceeds 50,000 tons/year), and upstream 200,000 tons/year phenol ketone plant is operating stably.

(Our reporter Ye Hui)

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