Daily review of BPA: still heating up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 13, 2010: The domestic bisphenol A market continues to heat up and continues to open higher.
On the last trading day (October 12), the mainstream transaction price in East China in the mainstream market began to enter a range of 21,000 to 21,300 yuan/ton, with an increase of 300 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market price continued to rise on that day, with an offer of 22,000 yuan/ton and a negotiation price of 21,500 yuan/ton.
The spot supply is tight.
Prices are firm at a high level, cargo is tightly supported, high levels are up, low-level goods are hard to find, and the trading atmosphere is enthusiastic; the spot price is delisted and the external market continues to heat up.
The external market maintains a strong posture, and the market offer rises to US$2,450/ton, partly US$2500 /Ton, the mainstream transaction was US$2,420/ton, with a strong atmosphere and low prices.
The raw material phenol market has stabilized.
The price in East China is 14600-14700 yuan/ton, the transaction is biased towards the low end, terminal demand is general, and merchants have stable shipments; the acetone market offers continue to go, some as high as 6800-6900 yuan/ton, although the port Inventory pressure remains unabated, but trading businesses are optimistic and bullish on the market outlook.
The downstream epoxy resin market opened higher, mainly supported by the favorable raw materials.
The manufacturers are still trending higher in the later period.
The downstream users are cost-constrained and purchase on demand, so the demand has not yet fully started.
The contradiction between supply and demand of short-term BPA is prominent, and the situation of tight prices is difficult to change.
Traders are willing to sell strongly, and the market outlook is still cautiously optimistic; related product epichlorohydrin is consolidating at a high level, slightly stalemate, downstream rigid demand, on-demand procurement, the market is expected The pattern of high positions continues.

    On the trading day (October 12), the high temperature of the bisphenol A market continued, and discussions were on the rise.
The sellers were unable to sell at low prices, and the supply continued to be short.
For purchases, some imported goods have arrived, but the quantity is still tight.
The short-term high prices are difficult to shake, and the tight prices continue to rise.
Related product epichlorohydrin deliberately increased and continued to form an overall increase in raw materials.
The downstream high levels of resistance are serious and the operating load is not high.
In the near future, some offshore and ocean cargo will arrive ashore, but the quantity is still limited and the supply and demand situation is difficult to change.
The wait-and-see market for the raw material phenol has increased, and the price of Gaoqiao Petrochemical has been lowered to suppress; the acetone market has continued to rise with little negotiation, and some merchants are not willing to sell at low prices and are slightly reluctant to sell.
According to the introduction of market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 21,500-22,000 yuan/ton, the increase is 500 yuan/ton, the mainstream transaction price is 21,000-21300 yuan/ton, Increase by 300 yuan/ton; mainstream quotation in Huangshan area is 21,500-22,000 yuan/ton, low-end is increased by 300 yuan/ton/high-end is increased by 500 yuan/ton, mainstream transaction price is 21,300-21,500 yuan/ton/ton, and low-end is increased by 500 yuan /Ton/high-end price increase by 300 yuan/ton; mainstream quotations in North China are 21500-22000 yuan/ton, 500 yuan/ton higher, mainstream transaction prices are 21,300-21500 yuan/ton, 500 yuan/ton higher; mainstream quotations in South China 22000-22500 Yuan/ton, 500 Yuan/ton, mainstream transaction price 21500-21800 Yuan/ton, high-end price increase 500 Yuan/ton.

    Domestic bisphenol A manufacturers are operating at a high level and partially stopping.
The products are mainly supplied to core customers, with few external sales.
Most of them are temporarily not quoting, and a few have raised their quotations.
The market continues to be in short supply and merchants are actively speculating.
There is still a possibility of small increases before the holiday.
, But the spot market is still tight and continues to rise, a small amount of export is still the main feature, and most of the devices are operating normally.
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 20,300 yuan/ton, mainly for downstream polycarbonate devices, and only a small amount of external sales, 10 + 110,000 The ton/year bisphenol A unit runs smoothly, the prilling tower load is average, and the 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 20,300 yuan/ton, and the 120,000 tons/year bisphenol A unit is fully loaded Operation, implementation of contract supply, the market is temporarily unlimited sales, the spot trend continues to pay more attention; Wuxi resin is closed, the pre-ex-factory price is 17,500-18,000 yuan / ton, and the main supply is Xitong epoxy resin plant (total production capacity is 100,000 tons / Year), most of Wuxi's polycarbon-grade products are for self-use and are ready for export.
Nantong epoxy-grade products are all for self-use.
Wuxi's 25,000-ton/year bisphenol A plant is operating normally and has a relatively high start-up load, and Nantong’s 90,000-ton/year bisphenol A plant Normal operation, 50% load; Zhongxin Chemical closed the disk, the pre-factory price was 16,900 yuan/ton, 25,000 tons/year bisphenol A plant was shut down for maintenance, and the time was one week.
The product was mainly for self-use, and the main supply of Suicheng epoxy resin plant (overall The production capacity exceeds 50,000 tons/year), the upstream 200,000 tons/year phenol and ketone plant is operating stably, and there may be an overall overhaul time in the near future.

(Our reporter Huan Yang)

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