Daily Review of Bisphenol A: Another Hundred Yuan Discount

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 10, 2008: The domestic bisphenol A market is weak and continues to decline slightly, last trading day (December 9) The mainstream transaction price in East China, the mainstream market, barely maintained 7,600-7800 yuan/ton, and lowered it by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to consolidate weakly on that day, and the mainstream quotation range weakened again.
Downstream end users were mostly wait-and-see and had little interest in substantial discussions.
Refer to the negotiation trend.
Signs have emerged in the recent 7th Five-Year Plan and lower, and the overall volume of transactions is generally normal; the domestic market has fallen for the second time, and it is still unclear when the decline will stop.
The upstream crude oil and pure benzene markets have reached new lows.
The buyer's overall wait-and-see atmosphere is strong.
After the previous active transactions, it has entered a low tide again.
The current spot is close to a low of 7,500 yuan/ton.
The limited negotiation on external disks has gradually dropped to below 850 US dollars/ton (CFR China's main port), and the trading talks are being seen; The upstream phenol and ketone market is in a stalemate.
The mainstream talks in East China are: phenol 5700-5800 yuan/ton, 550 US dollars/ton (CFR China main port), acetone 4900-5150 yuan/ton, 500-550 US dollars/ton (CFR China main port) Hong Kong), downstream demand is still relatively flat, and selling interest is limited.
After the heavy decline in international crude oil, the market’s wait-and-see atmosphere has been further intensified, and the raw material support for bisphenol A is still ineffective.

    On the previous trading day (December 9), the domestic BPA market went weakly at a low level, and the opening and operation were weak.
Downstream users remained cautious and tentative inquiries.
Price intentions were generally low.
Buyers and sellers mostly wait and see, and the transaction situation is not clear.
, The quotation has gone to 8,000 yuan/ton, and the transaction is rushing towards 7,500 yuan/ton; the bisphenol A market has obviously turned weak, the downstream demand is weak, and imports are concentrated.
It is further impacting the market.
The market mentality has clearly deteriorated and the merchants’ shipments have clearly increased.
The transaction has been discounted by 500 yuan/ton last week, and it seems to be able to stop this week; second-hand merchants have limited operating space, leaving the market to wait and see, end users lack clear judgment in the market outlook, and worry about further decline.
The overall operation is still on the sidelines, and international crude oil reaches 40 US dollars /Barrel, and it is difficult to stop the decline.
It is difficult for the bulk petrochemical products to make a difference in December, and there are many variables in the second dip.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7700-7900 yuan/ton, the price is reduced by 100 yuan/ton, the mainstream transaction price is 7600-7800 yuan/ton, The low-end price is lowered by 100 yuan/ton; the mainstream quotation in Huangshan area is 7900-8100 yuan/ton, and the price is lowered by 100 yuan/ton.
The mainstream transaction price is 7700-7900 yuan/ton and the price is lowered by 100 yuan/ton.
Ton, lowered by 100 yuan/ton, mainstream transaction price is 7700-7900 yuan/ton, lowered by 100 yuan/ton; mainstream quotation in South China is 8200-8400 yuan/ton, lowered by 100 yuan/ton, mainstream transaction price is 8100-8300 yuan/ton , The low-end cuts 100 yuan/ton.

    Most domestic bisphenol A manufacturers have closed disks and stopped their installations.
The overall operating load is still low.
The start-up of new installations has been relatively smooth and the discharge plan has been postponed.
There are downstream supporting facilities, the scale of external supply is very limited, the raw material support is still weak, the cost factor is weak, the downstream demand is difficult to change, and the shipment continues to be difficult to see good.
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, mainly self-supporting, limited export scale, 110,000 tons/year double The phenol A plant was shut down on October 30.
It is planned to end the year.
The first 100,000-ton/year polycarbonate plant will have a low load, and the second 100,000-ton/year polycarbonate plant will be mechanically completed in October; Wuxi resin sealing , The initial quotation is 17,500~18,000 yuan/ton.
The products are mainly for self-use and rarely sold externally.
The 16,000-ton/year bisphenol A plant may be shut down and restarted on April 17th.
The 25,000-ton/year bisphenol A plant is in operation.
Normally, the Nantong 50,000-ton/year bisphenol A plant is under construction (it was successfully put into operation on the 3rd of December), and the 90,000-ton/year bisphenol A plant (production postponed to the second quarter); Zhongxin Chemical’s ex-factory price is 8,000 yuan/ton, 2.
5 The operating load of the 10,000-ton/year bisphenol A plant is relatively low, and the main supply is the supporting epoxy resin device (intermittent start-up, digesting inventory); Sinopec Mitsui's 120,000 ton/year bisphenol A plant's raw material supply has changed-Gaoqiao Caojing 200,000 The ton/year phenol ketone plant was shut down, and its discharging plan was officially postponed.
This is undoubtedly a big piece of good news for the weak spot market.

(Our reporter Wu Xi)

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.