Daily Review of BPA: The market is down

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 20, 2010: The domestic bisphenol A market is downcast and the atmosphere is sluggish.
On the last trading day (August 19), the mainstream transaction price in East China in the mainstream market continued to fall to the range of 17000-17100 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trading atmosphere continued to be weak that day, the surrounding news was negative, and the market mentality was not optimistic.
Some merchants increased their willingness to ship and their quotations dropped significantly.
, The transaction follows the narrow range; the international crude oil fluctuates at a low level, the raw material phenol ketone market is difficult to change, the downstream epoxy resin has high cost, flat demand, up and down troubles, and little interest in raw material procurement.
Recently, both domestic and foreign markets have fallen within a narrow range.
The market is cautious and the pace of heavy volume is slow.
With the weak spot and the decline of importer’s interest in talks, the bisphenol A external disk market has been slightly weak, although the offer is concentrated at 1950-2000 US dollars.
/Ton (CFR China's main port), but some buying intentions fell to US$1,900/ton (CFR China's main port), due to the uncertain market outlook and cautious market mentality.
In short, the bisphenol A market is weak and volatile.
The surrounding raw materials are negative and the ECH is scorching.
The downstream is vigilant about the risk of raw materials.
In addition to their own sales, the bisphenol A market is unstoppable.
The current high-priced shipments are not easy, and the short-term mentality is not easy; The stock market and the commodity market have slightly strengthened, but as the raw material phenol ketone callbacks and bisphenol A is controlled by the market, the short-term shocks and weakening trend are difficult to change, and the weaknesses are mainly reorganized.

    On the trading day (August 19), the market sentiment of bisphenol A was sluggish and trading was sluggish.
There are few inquiries from downstream actively entering the market.
Recently, the downstream epoxy resin has stagnated and consolidated, the raw material phenol ketone is weakly fluctuating, and the market mentality is cautiously bearish.
The overall transaction appears to be light, and the actual negotiated price continues to be adjusted slightly.
Into this week, the spot market continued to be light.
The raw materials fell, the related products soared in the early stage, the downstream impact was greater, the receiving goods were cautious, the overall mentality was damaged, the buyers were ready to use them, the market mentality was cautious, and the merchants’ selling intentions increased.
International crude oil continued to fall, the pure benzene market was priceless, the direct raw material phenol ketone continued to weaken, and short-term bearishness: the overall atmosphere in the phenol market was sluggish; the acetone market fell further and was even lower.
At present, the downstream epoxy resin is under great pressure.
The raw material market has fallen slightly and has been sideways.
Manufacturers' quotations are mainly maintained, the downstream wait-and-see atmosphere is relatively strong, high-level transactions are weak, and raw materials are paid more attention.
According to the market experts of China Epoxy-e.
cn, the mainstream quotations in East China are 17200-17300 yuan/ton, 200 yuan/ton lower, and the mainstream transaction prices 17000-17100 yuan/ton, The high-end price is lowered by 100 yuan/ton; the mainstream quotation in Huangshan area is 17400-17500 yuan/ton, the lower is 100 yuan/ton, the mainstream transaction price is 17200-17400 yuan/ton, the low-end is lowered by 100 yuan/ton; the mainstream quotation in North China is 17300-17400 yuan /Ton, down 100 yuan/ton, mainstream transaction price 17200-17300 yuan/ton, down 100 yuan/ton; mainstream quotation in South China 17700-17800 yuan/ton, down 200 yuan/ton, mainstream transaction price 17500-17600 yuan/ Tons and high-end products are reduced by RMB 100/ton.

    Domestic bisphenol A manufacturers continue to maintain high and low-key operations.
Most of the production facilities are in normal operation and part of the shutdown is under maintenance.
They are started stably and are running at full capacity.
Most of the products are still mainly for self-use, and the number of external supplies is limited.
The supply of contract users is mainly maintained, and the production and sales conditions are basically normal.
Some are expected to resume or increase next month.
External supply.
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.
In the near future The polycarbonate internal and external disks are stagnant and arranged sideways.
The 100,000+110,000 tons/year bisphenol A unit is operating normally and the load is 80%.
The 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 17,500 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 25,000 tons/year bisphenol A plant is operating normally and the load is high, and Nantong 90,000 tons/year The operation of the bisphenol A plant is stable and needs to be improved (September planned shutdown for rectification); Zhongxin Chemical has closed the disk, the pre-factory price is 16,900 yuan/ton, and the 25,000-ton/year bisphenol A plant will be shut down for maintenance on August 13, and the products are only Mainly for self-use, main supply of Suicheng epoxy resin plant (overall production capacity is more than 50,000 tons/year), and the upstream 200,000 tons/year phenol and ketone plant is overhauled simultaneously.

(Our reporter Xi Shi)

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