Daily review of BPA: the decline remains the same

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 22, 2008: The domestic bisphenol A market continues to decline, and the mainstream market East China on the trading day (October 21) The mainstream transaction price in the region has been as low as 12,000 yuan/ton, and the high-end price has been lowered by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened on the same day.
It was restricted by weak downstream demand and difficult delivery.
As the spot price continued to fall, market merchants suffered losses.
Some are facing pressure to pay foreign exchange, or bearish market outlook, and begin to "no longer love war", sell goods and withdraw.
Shipment intentions continue to fall along with the market.
The current quotation is approaching the transaction level, and the actual shipment is lower.
It is also heard that the market transaction appears Vague; downstream manufacturers have increased parking and demand shrinking, and the bottom is unpredictable under a weak background.
Many are more willing to leave the market and wait and see.
The market supply is slow, and the merchants have few direct quotations.
The actual negotiation is a single discussion and lacks mainstream; raw material phenol The ketone market is sluggish.
Yanshan Petrochemical’s phenol flop price was only RMB 10,400/ton, a drop of RMB 1,100/ton from the previous period.
This indicates that other manufacturers are still under greater pressure, and it also indicates that the cost of bisphenol A will continue to cut.
The current market Continue to be in a buyer’s market, with an unprecedented lack of favorable factors, and the short side has the absolute upper hand; Affected by the diving of the internal disk and the sharp decline of raw materials, the external market of BPA is in an awkward situation, unwilling to follow up quickly, but unable to recover, market news said that some bonded Cargo negotiations, at 1400 ~ 1430 US dollars / ton (CFR China's main port), the domestic and foreign markets continue to decline as a whole.

    On the trading day (October 21), the domestic bisphenol A market continued to decline, and the atmosphere was extremely depressed.
In view of the continuous decline of spot prices and the beginning of closure of stockholders, the downstream purchase intention was limited, and some of them were expected to fall on demand.
Yuan/ton was lost in an instant, and 12,000 Yuan/ton was facing the test.
At present, some ocean-going low-ends are exploring again, and the overall negotiation volume is scarce; the overall industry chain is still showing: the downstream is highly weak, the supply of goods is slow, and the negative factors are frequent.
The outlook for the market is pessimistic, buyers wait and see short positions, and the market mentality is pessimistic.
At present, the raw material phenol ketone is further weakened.
There is no intention for foreign trade negotiations, and the weakness of domestic trade is further reduced.
The bottom line, when the decline is in progress.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 12,000-12,200 yuan/ton, the low-end price is reduced by 200 yuan/ton, the high-end price is reduced by 400 yuan/ton, and the mainstream price is RMB 400/ton.
The transaction price is 12,000 yuan/ton, the high-end price is lowered by 300 yuan/ton; the mainstream quotation in Huangshan area is 12200-12400 yuan/ton, the low-end price is lowered by 200 yuan/ton/the high-end price is lowered by 300 yuan/ton, and the mainstream transaction price is 12000-12200 yuan/ton.
The low-end price is lowered by 300 yuan/ton/the high-end price is lowered by 200 yuan/ton; the mainstream quotation in North China is lowered by 12,200-12500 yuan/ton, the low-end by 200 yuan/ton/high by 300 yuan/ton, and the mainstream transaction price is 12,100-12,300 yuan/ton.
, Decrease 200 yuan/ton; mainstream quotations in southern China are 12500-12700 yuan/ton, low-end prices are lowered by 200 yuan/ton, high-end prices are lowered by 400 yuan/ton, mainstream transaction prices are lowered by 12,500 yuan/ton, and high-end prices are lowered by 300 yuan/ton.

    Domestic bisphenol A manufacturers have no other countermeasures, only limited sales.
Each factory has downstream supporting facilities, and the scale of export is very limited.
The overall characteristics are: limited output, low inventory, little export, weaker influence, reduced production, operation, and shipment Very few, limited sales are the top priority, self-use mainly, the price is unknown, and there is a lack of offers.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer Shanghai closed the disk, the pre-ex-factory price was 17,700 yuan/ton, most of which were self-supporting and limited export scale, 110,000 tons/year The load of the phenol A device is relatively low, and the load of the 100,000-ton/year polycarbonate device is relatively low.
The second set of 100,000-ton/year polycarbonate device has been mechanically completed in October; Wuxi resin is sealed, and the initial price is 17500-18000 yuan/ Ton, the product is mainly for self-use, and the export quantity is not large.
It is mostly used for its own epoxy resin production.
The 16,000-ton/year bisphenol A unit has been overhauled and shut down on April 17, and the 25,000-ton/year bisphenol A unit is operating normally.
Construction of a 90,000-ton/year bisphenol A plant in Nantong, which is scheduled to be put into operation at the end of 2008; Zhongxin Chemical’s ex-factory price is 16,700 yuan/ton, and the 25,000-ton/year bisphenol A plant has a low operating load, and the product is mainly used for supporting epoxy resin equipment; The construction of Sinopec Mitsui's 120,000-ton/year plant is coming to an end, and it is planned to start operation from October to November.
Regarding the operation of offshore installations: Taiwan’s South Asia’s fourth 130,000-ton/year bisphenol A installation was closed, and the routine period was 15 days for maintenance, but due to inventory pressure, it may not start as scheduled; Taiwan’s Xinchang, Kaohsiung, 80,000 tons/year The bisphenol A plant and the operating load further dropped to about 70%, mainly due to the weak demand in the downstream market.

(Our reporter Xue Shi)

Do you want to browse the unsaturated resin market information? Click to enter www.

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