Daily review of bisphenol A: continue to pull up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 2, 2010: The domestic bisphenol A market is well supported and continues to rise.
On the last trading day (March 01), the mainstream transaction price in the mainstream market in East China has formed a range of 14,000 to 14,200 yuan/ton, with an increase of 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), although the market was still on the sidelines that day, rising costs and external disks supported the increase in the quotations of some intermediate merchants and the low-end upward adjustment.
The actual transactions were temporarily unavailable.
Very clear, there is a small rebound in the range, the intermediary merchants are active in inquiries, and the negotiation situation is general.
The domestic supply is expected to increase: Wuxi resin 25,000 tons/year equipment is about to restart, Nantong 90,000 tons/year equipment has been put into use, Sinopec Mitsui maintains high load Operation, the overall domestic supply means an overall increase; however, cost support is strong and manufacturers’ quotations are expected to remain high.
Because of high costs and subsequent costs are still rising, the market mentality is still cautiously optimistic.
Epoxy resin is gradually entering the recovery season and demand is expected Amplify, adjust the vibration of BPA, and gradually consolidate the bottom foundation.
The expected upward trend of the bulk market remains unabated, the real economy will further recover after the holiday, and the potential market demand will increase.
The high cost of BPA and high external support are expected to continue to maintain a high level of volatility.
In February, the support of raw material cost was indispensable, and the follow-up supply and demand changed, and the trend was actively concerned.
Of course, the opening atmosphere at the beginning of the week is mainly wait-and-see.
Most industry insiders are optimistic about the market outlook.
The impact of the ring chlorine shock, downstream manufacturers are mainly cautious and wait-and-see, and the actual transaction is rarely heard.

    On the trading day (March 01), the domestic BPA market rose again and went up again.
Some of the mid-to-high-end offers and actual negotiation levels were synchronized.
Supported by external disks and costs, the overall market atmosphere was good, and the spot price rose rapidly recently.
, Bulk chemical products fluctuated and adjusted, the market chasing high sentiment weakened, further attention, the spot market continued to heat up, and external quotations rose, further strengthening the short-term bullish atmosphere; BPA can be said to be rising rapidly after the holiday, and merchants and downstream high positions are slightly wait and see Although the stockholders are reluctant to sell, but the downstream high-level and more to digest the inventory, the market wait-and-see atmosphere has strengthened.
International crude oil prices fluctuated and fell, raw material pure benzene fell in Europe and America, and Asia fell.
Spots were mostly wait-and-see, and mentality was different; phenol fluctuated at a high level, and downstream was cautiously purchased; acetone spot market declined, subsequent port arrivals increased, demand was flat and weak The shock continued.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14200-14500 yuan/ton, the low-end price is raised by 200 yuan/ton, and the mainstream transaction price is 14000-14200 yuan/ Tons, increase by 200 yuan/ton; mainstream quotations in Huangshan area are 14200-14600 yuan/ton, low-end prices are increased by 100 yuan/ton, mainstream transaction prices are 14100-14200 yuan/ton, and 200 yuan/ton; mainstream quotations in North China are 14200-14600 yuan/ton RMB/ton, lower-end price increase by 100 RMB/ton, mainstream transaction price 14100-14200 RMB/ton, 200 RMB/ton higher; mainstream quotation in South China 14700-15000 RMB/ton, low-end price increase by 200 RMB/ton, mainstream transaction price 14500～14700 yuan/ton, with an increase of 200 yuan/ton.

    Domestic bisphenol A manufacturers' quotations have risen and continue to promote, and the market sentiment has changed and they have begun to take the initiative.
The overall start of construction is still limited, and some festivals have stopped until now.
The overall main characteristics continue to be: catering to the market, increased operational efforts, equipment maintenance, some have been restarted, no longer pushing up, operating mentality is improving, load maintenance, capacity utilization is still low, offers are stable, and trading and shipments are flexible.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 14,500 yuan/ton, mainly for downstream polycarbonate devices and a small amount of external sales.
The supply scale is still limited and the market The impact is relatively small.
The 100,000+110,000 tons/year bisphenol A plant is all started, with a load of about 30%, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 14,500 yuan/ton, 120,000 tons/year The bisphenol A plant ran normally and started up at full capacity.
The products were mainly supplied to polycarbonate manufacturers, and the core contract users were mainly, and the delivery remained stable; the Wuxi resin was closed, the pre-factory price was 17500-18000 yuan/ton, and the products were used for their own use.
There is no export sales in the near future-the main supply of Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), partial outsourcing, 25,000 tons/year bisphenol A unit failure disposal, about to restart, Nantong 90,000 tons/year double The phenol A plant was put into use on February 22, and if it goes smoothly, it is expected to be discharged in early April; Zhongxin Chemical will close the disk, the initial ex-factory price of 9,500 yuan/ton, the 25,000 tons/year bisphenol A plant is running smoothly, and the main supply is Suicheng epoxy resin The equipment (overall production capacity is more than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Liang Xi)

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