Daily review of BPA: there is still aftermath

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 24, 2010: The domestic bisphenol A market still has aftermath and continues to rise slightly.
On the last trading day (March 23), the mainstream transaction price in East China in the mainstream market began to form a range of 14,300-14,500 yuan/ton, and the high-end price increased by 100 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere on the day was fair, the high-end talks were on the rise, the trade merchants were optimistic, and the downstream still had more replenishment at reasonable prices and merchants.
The development needs to follow up, continue the upward momentum, and the interaction between internal and external disks rises; a little earlier, oil prices fell first and then rose, European and American sub-pure benzene fell (including Europe plummeted by US$84/ton), and related products epichlorohydrin traded sideways.
The ketone atmosphere improved, and the cost of bisphenol A external disk/supply and demand support was high, and the market mentality was generally cautious and optimistic.
The raw materials were affected by the oil price pullback last week and the recent shocks in the pure benzene market.
The spot market remained strong, and major merchants were reluctant to sell.
The short-term market was still cautiously bullish; the phenol ketone spot market began to heat up, and the negotiated price of phenol in East China rose to 11,750 yuan/ton.
, The cost of acetone relies on, merchants are reluctant to sell at low prices, the cost factor of bisphenol A has increased, and the mentality support is obvious.
Downstream epoxy resin prices have fluctuated and stabilized, raw materials have risen steadily, cost-supported hedging, manufacturers have obvious intentions to stabilize prices, and short-term narrow-range fluctuations are the main ones.
The bisphenol A internal and external markets are strong.
With the consumption of low-priced sources and the support of heavy buying, the spot market has more positive and optimistic attitudes, and the attitude of reluctant to sell is stronger, and it is expected that there is still a possibility of further rise.

    On the trading day (March 23), the domestic bisphenol A market continued to move upwards.
The market wait-and-see, reluctant to sell, boosted the strong atmosphere, mainstream merchants closed and reluctant to sell, the market was cautiously optimistic, and some merchants closed down and reluctant to sell.
Reluctant to sell and wait and see; downstream and intermediate merchants are actively buying and "recovering vitality".
The current attitudes are mostly cautious and optimistic.
Recently imported goods prices are high and small.
The market is paying more attention to the latest trends in foreign markets.
With the gradual recovery of demand and the support of high costs, bisphenol is expected The price of A is easy to rise but hard to fall.
International crude oil prices run at a high level, Asian pure benzene ends the carnival, bisphenol A external disks are strong, and the mentality is greatly encouraged.
Buying interest increases and intentions are higher than before.
Intermediate merchants’ low-price offers disappear, and a small amount of US$1750/ton (CFR) China main port).
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14500-14700 yuan/ton, the high-end price is raised by 200 yuan/ton, and the mainstream transaction price is 14300-14500 yuan/ton.
, The high-end price is raised by 100 yuan/ton; the mainstream quotation in Huangshan area is 14700-14800 yuan/ton, the low-end price is raised by 200 yuan/ton/ the high-end price is raised by 100 yuan/ton, the mainstream transaction price is raised by 14600-14700 yuan/ton, and the low-end price is raised by 300 yuan/ Tons/high-end prices will be increased by 200 yuan/ton; mainstream quotations in North China will be raised by 14700-14800 yuan/ton, low-end prices will be raised by 200 yuan/ton/high-end prices will be raised by 100 yuan/ton, mainstream transaction prices will be raised by 14600-14700 yuan/ton, and low-end prices will be raised by 300 yuan /Ton/high-end is increased by 200 yuan/ton; mainstream quotations in South China are increased by 15,000-15,200 yuan/ton, high-end prices are increased by 200 yuan/ton, mainstream transaction prices are increased by 14800-15,000 yuan/ton, and high-end prices are increased by 100 yuan/ton.

    Most bisphenol A manufacturers stopped reporting.
In view of the sharp increase in the spot market, the overall operation and quotation of the support market are unknown.
The spot price has risen again, and there are many wait-and-sees.
The actual supply scale is limited, which will help the market to go up.
Although the curve is attacked and the start-up is still low, some start-up devices have yet to be tested, and the new ones have not yet been released.
The overall main characteristics continue to be shown as follows: Catering to the market, increased operational efforts, wait-and-see push to increase, better operational mentality, maintenance of load, and low capacity utilization.
According to a market expert 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 14,500 yuan/ton, mainly for downstream polycarbonate devices, and a small amount of external sales.
The scale of supply It is still limited and the market impact is relatively small.
The 100,000+110,000 tons/year bisphenol A plant is operating stably, the load is 30%, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 14,800 yuan/ton, 12 The 10,000-ton/year bisphenol A plant is operating normally and is running at full capacity.
The products are mainly supplied to polycarbonate manufacturers.
The accumulated inventory and retail investors are temporarily not exported.
Further attention is paid to the trend of the spot market; Wuxi resin is closed, and the initial ex-factory price is 17500~18000 yuan/ Ton, the product is for self-use, and has not been exported recently-the main supply is for the Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), and part of it is purchased.
The 25,000 tons/year bisphenol A plant is in general operation and the load is not high.
Nantong's 90,000-ton/year bisphenol A plant was put into use on February 22 and was discharged in April; Zhongxin Chemical closed the disk, the initial ex-factory price was 9,500 yuan/ton, and the 25,000-ton/year bisphenol A plant was operating smoothly, and the main supply was ears.
Cement epoxy resin plant (overall production capacity is more than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Xue Shi)

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