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    Home > Coatings News > Resin News > Daily Review of Bisphenol A: Looking for Directions

    Daily Review of Bisphenol A: Looking for Directions

    • Last Update: 2021-04-24
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    cn] News on April 20, 2010: The domestic bisphenol A market was sorted out at the beginning of the week and looked for directions.
    On the last trading day (April 19), the mainstream transaction price in East China in the mainstream market temporarily hovered in the range of 15,900-16,000 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    cn), there were many wait-and-sees in the market that day, some closed and wait-and-see, looking for market directions, and the quotations of intermediate merchants increased, although downstream follow-ups were cautious.
    , However, the raw materials and external disks continue to rise, the market mentality is good, and the market outlook is cautiously optimistic.
    Expectations are common.
    The actual negotiated price seems to be able to catch up, and the transaction is temporarily not much.
    Although international crude oil surged after the surge, pure benzene was hovering at US$1,000/ton, the direct raw material phenol was strong and rose by 1,300 yuan/ton last week, further pushing up domestic expectations; the two major raw materials, especially bisphenol A As the price rises, the epoxy resin will oscillate after it has risen.
    The cost of the industrial chain will take some time to pass.
    The interest in the market is general.
    However, due to supply constraints, the downstream passive follow-up "status" is difficult to change, and some follow the market to cover up positions at an appropriate price.
    In short, the spot price of bisphenol A has continued to warm up recently, and the rise has slowed down.
    Costs, external disks, and supply and demand tend to be positive.
    The market mentality is cautious and optimistic to gain the upper hand, and the seller controls the pace of shipments; Wuxi Resin (Nantong) 90,000 tons of equipment/year recent output Hopeless, in the middle of Bayer Shanghai, a set of equipment was shut down due to a failure, and the downstream passive follow-up situation is difficult to change in the short term.
    It is expected that the spot market will continue to fluctuate and rise upward.


        On the last trading day (April 19), the bisphenol A market continued to run at a high and hotter pace.
    Market participants had bullish confidence and strong quotations.
    However, downstream purchases were general, available on the market, and transactions were scarce.
    They still consumed more inventory, and some low-priced inquiries were made to cover positions.
    The overall high-volume trading situation is still fair.
    Due to the strong rebound of crude oil, the raw material market opened high and fluctuated during the Asian pure benzene trading session, and the direct raw material phenol ketone fluctuated strongly.
    Among them, the phenol market was reluctant to sell and the subsequent fluctuations could rise.
    Some manufacturers of raw phenol rose sharply twice, which is most worthy of the market's attention-the release of subsequent cost effects.
    At present, the foreign market is further rising.
    The mainstream quotation of Near Ocean is US$1,900/ton (CFR China's main port), and the intermediary resells at US$1,880/ton (CFR China's main port).
    The firm offer of Sino-Ocean is limited and the intention is US$2050/ton.
    CFR China's main port), a small amount of cargo negotiations reached US$1950/ton (CFR China's main port).
    There is still room for short-term growth in the domestic market, but sluggish demand and pressure cannot be ignored.
    Mainstream businesses are cautiously optimistic, or may rise at a high and narrow range.
    According to market experts from China Epoxy Resin Industry Association (www.
    cn), among them: the mainstream quotation in East China is 16000-16300 yuan/ton, the mainstream transaction price is 15900-16000 yuan/ton; the mainstream quotation in Huangshan region is 16300~ 16,400 yuan/ton, the mainstream transaction price is 16,000-16100 yuan/ton, the low-end price is raised by 50 yuan/ton; the mainstream quotation in North China is 16300-16400 yuan/ton, the mainstream transaction price is 16000-16100 yuan/ton, and the lower-end price is raised by 50 yuan/ton; The mainstream price in South China is 16500-16800 yuan/ton, and the mainstream transaction price is 16400-16500 yuan/ton.


        Domestic bisphenol A manufacturers have high quotations, and the overall price has risen sharply.
    The mentality is good, the supply resources are limited, they continue to attack, the operating load is low, some devices are unstable, and the new devices have not yet been discharged.
    The raw material phenol has been rising frequently recently.
    , The cost has risen significantly, and the market outlook is cautiously optimistic.
    The main characteristics of the overall operation are still manifested as follows: cater to the market, increased operational efforts, wait-and-see push to increase, better operational mentality, maintenance of load, and low capacity utilization.
    According to market experts from the China Epoxy Industry Association (www.
    cn), on the same day: Bayer’s Shanghai ex-factory price was 16,200 yuan/ton, mainly for downstream polycarbonate devices, a small amount of external sales, 100,000 tons/year double The phenol A plant is operating at full capacity, the 110,000 tons/year bisphenol A plant is shut down due to equipment failure, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 16,300 yuan/ton, and 120,000 tons/year of bisphenol Unit A 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; Wuxi resin is closed, the initial ex-factory price is 17500~18000 yuan/ton, the products are for self-use, and there is no export sales in the near future.
    Supply Xitong epoxy resin plant (overall production capacity exceeds 100,000 tons/year), some outsourcing, Wuxi 25,000 tons/year bisphenol A plant is operating normally and the load is average, Nantong 90,000 tons/year bisphenol A plant continues to adjust , Plan to produce qualified products at the beginning of the month (currently unsuccessful, wait and see at the end of the month); Zhongxin Chemical closed the disk, the initial ex-factory price was 16,000 yuan/ton, 25,000 tons/year bisphenol A plant was running smoothly and the load was high, and the main supply was Suicheng 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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