Daily review of BPA: the atmosphere continues

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] April 2, 2010 News: The domestic bisphenol A market sentiment continued and maintained its rise.
On the last trading day (April 01), the mainstream transaction price in East China in the mainstream market entered the range of 15,200-15,400 yuan/ton, and the low-end increased by 100 yuan/ton and the high-end increased by 200 yuan/ton.
According to analysis by market experts from the China Epoxy-e.
cn, the market was weak and prices were strong on that day.
The mainstream stockholders were still optimistic, with high sales reluctance, partial closures, and limited active quotations.
Procurement is not easy to trade.
Recently, the market has risen rapidly, and the downstream has digested the increase, and it has been a little cautious to chase the rise at high positions.
It is mainly to cover up the position at an appropriate price.
??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? Second-hand merchants are "busy" in inquiries and moving goods, with high prices and high volumes.
The short-term market is still reluctant to sell.
It is expected that the market will mainly rise, and downstream consumer demand still needs to rebound.
Crude oil continued to close, and pure benzene prices continued to rise.
A total of domestic pure benzene prices rose steadily, which further boosted the market sentiment.
External quotations continued to rise, and stockholders were reluctant to sell but increased.
The domestic market remained strong on the day and downstream demand Awaiting recovery.
Negotiations on large orders in the raw material market are limited, external disks and oil prices are supported by high prices, and the market has a strong intention to support prices.
The phenolic ketone spot market fluctuates.
The downstream market has gone up for 3 consecutive weeks.
Inquiries in Europe and the United States have increased.
The raw material epichlorohydrin fluctuates in a narrow range, the bisphenol A market has skyrocketed, and the cost is driven, and some manufacturers intend to pull it up to US$2,600/ton.
In short, the internal and external markets are operating at a high level, the market atmosphere is good, the holding merchants are reluctant to sell, and the short-term market is optimistic.

    On the trading day (April 01), the domestic bisphenol A market was strong and enquiries were active.
The mainstream holders were strong, closed and wait-and-see, low-priced goods were hard to find, intermediate merchants changed hands, and the market mentality was cautiously optimistic.
The cost of carbonates continues to rise, and the market merchants are reluctant to sell.
During the week, international crude oil continued to climb, supported by the broader market.
The market for bisphenol A rose too fast in the past few days, and many downstream passively waited and watched and the growth rate slowed down.
However, the high-level operation trend is difficult to change in the short term.
The Asian pure benzene market opened higher, and Sinopec raised the price; the phenolic ketone market fluctuated as a whole, and the price of Gaoqiao Petrochemical increased to keep up with the market price.
Market news remains strong, high and high volume is not much, short-term strong is difficult to change, high volatility continues, the market outlook is still more cautious and optimistic, negotiations continue to close high, there are not many transactions, costs and external markets are pushed together, and confidence is still sufficient.
According to market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 15500 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 15200-15400 yuan/ton.
The low-end price will be raised by 100 yuan/ton/ the high-end price will be raised by 200 yuan/ton; the mainstream quotation in Huangshan area will be raised by 15500-15600 yuan/ton, the low-end will be raised by 200 yuan/ton, the mainstream transaction price will be raised by 15300-15500 yuan/ton, and the price will be raised by 100 yuan/ton; The mainstream quotation in North China is 15500-15600 yuan/ton, the low-end price is raised by 200 yuan/ton, the mainstream transaction price is 15400-15500 yuan/ton, the price is raised by 100 yuan/ton; the mainstream quotation in South China is 16000 yuan/ton, and the low-end price is raised by 500 yuan/ Tons, the mainstream transaction price is 15700-15900 yuan/ton, the low-end price is raised by 100 yuan/ton, the high-end price is raised by 200 yuan/ton.

    Domestic bisphenol A manufacturers' quotations continue to rise, the spot price rises again, the manufacturers are strong, the spot is on the rise, the mentality is good, the supply is limited, it is helpful to go up, continue to attack, the start-up is still low, some devices have yet to be tested, and new devices have not yet been launched Discharged; the overall main characteristics are still shown as follows: cater to the market, increase operational efforts, wait-and-see push to increase, better operational mentality, load maintenance, and low capacity utilization.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer Shanghai closed the disk, the preliminary ex-factory price was 15,500 yuan/ton, and the increase was 100 yuan/ton, mainly for downstream polycarbonate devices, There is a small amount of external sales, the supply scale is still limited, and the market impact is relatively small.
The 100,000+110,000 tons/year bisphenol A plant operates stably, with a load of 30%, and 100,000+100,000 tons.
/Year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 15,500 yuan/ton, an increase of 200 yuan/ton, and 120,000 tons/year bisphenol A plant is operating normally and fully operational.
The products are mainly supplied to polycarbonate manufacturers, with accumulated inventory , Retail investors are temporarily not exporting, and pay more attention to the trend of the spot market; Wuxi resin is closed, the initial ex-factory price is 17500-18000 yuan/ton, the product is for self-use, and there is no export in the near future-the main supply of Xitong epoxy resin equipment (overall production capacity exceeds 100,000 Ton/year), some outsourcing, 25,000 tons/year bisphenol A plant is operating normally, the load is not high, Nantong 90,000 tons/year bisphenol A plant was put into use on February 22, and was discharged in April; Zhongxin Chemical left the factory The quotation is 15,000 yuan/ton, and the 25,000-ton/year bisphenol A unit runs smoothly.
The main supply is Suicheng epoxy resin unit (overall production capacity is more than 50,000 tons/year), mainly for self-use, and rarely for export.

(Our reporter Lan Xin)

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.