Daily Review of Bisphenol A: Manufacturers Rise Again

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 29, 2010: The domestic bisphenol A market continues to be sorted out and the spot is stable.
On the last trading day (September 28), the mainstream transaction price in East China in the mainstream market maintained a range of 20,400 to 20,500 yuan/ton for the time being.
Market experts from China Epoxy Industry Association (www.
epoxy-e.
cn) indicated that the market was running smoothly at a high level on that day.
Sinopec Mitsui’s quotation was adjusted to 20,000 yuan/ton, but the market’s response was relatively flat because the report was still low.
The impact is also limited.
Merchants have strong intentions and low prices are not available; the holiday is approaching, and most downstream companies leave the market to wait and see.
The purchasing intentions of some stock-up manufacturers have also calmed down, and overall market transactions have been slightly light.
The BPA market fluctuates in a high and narrow range, manufacturers’ quotations continue to increase, spot resources are in short supply, and mainstream negotiations are maintained.
Holders stick to quotations, and downstream small orders are mainly purchased at reasonable prices; along with the high spot market and the upward exploration of BPA, some Selling order pulled to 2250 ~ 2300 US dollars / ton (CFR China main port).
The raw material phenol market is sluggish and the transaction is not many.
The East China region has a negotiation of 14,800 yuan/ton.
The dealers have a good mentality, and the downstream fills in as needed; the acetone market offers a higher offer and the transaction is average, and the East China region negotiates upwards to 6300~6400 Yuan / ton.
On the eve of National Day, the spot price is firm, the external market remains high, the supply of goods continues to be tight, and the market sentiment is not diminished.
However, due to the excessive rise and the continuous rise of related products, the downstream is under huge pressure, and the market is concerned about the end-users to receive the goods.
Short-term bisphenol A situation of high volatility is dominated, and the situation of tight goods prices rising is difficult to shake.

    On the trading day (September 28), the bisphenol A market was firm at a high level and the atmosphere was mild.
The offer was mainly RMB 20,500/ton, and negotiations followed closely.
Generally, it was difficult to find the source of low-priced goods.
In August, 30,700 tons were imported, compared with 7.
The monthly increase, but resources are still tight and the supply pressure is still high.
It is expected that the tight goods situation will continue in the middle of the month; the market is operating smoothly and the actual transactions are limited.
The downstream is more cautious and generally on-demand procurement.
The downstream will continue to trade small orders.
In view of the narrow consolidation of the raw material phenol and ketone, the end purchase is general, in short, the high risk coefficient is too large, the raw material stocking intention is weakened, and the users are more wait and see.
The short-term supply of bisphenol A is still tight, and merchants are increasingly reluctant to sell goods, and the high market continues.
At present, the market tends to be calm, transaction difficulties increase, merchants are unable to deliver low prices, and circulation continues to be tight.
Trading merchants are cautiously bullish in the later period.
Imported goods will arrive at the shore by the end of the month, but the time lags and the market impact is limited.
Inquiries on the raw material phenol market increased slightly; inquiries in the acetone market were fair and transactions were fair, merchants were cautious, and port inventory was slowly digested.
On the eve of the National Day holiday, the market may have ferry stocking quotations, so pay more attention to the downstream receiving situation in the later period.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 20,500 to 20,600 yuan/ton, the mainstream transaction price is 20,400 to 20,500 yuan/ton; the mainstream quotation in Huangshan is 20,600 to 20,700 RMB/ton, mainstream transaction price is 20500-20600 yuan/ton; mainstream quotation in North China is 20500-20600 yuan/ton, mainstream transaction price is 20300-20500 yuan/ton; mainstream quotation in South China is 21000-21100 yuan/ton, mainstream transaction price is 20900 ~21,000 yuan/ton.

    Domestic bisphenol A manufacturers continue to operate at a high level.
The products are still mainly supplied to core customers, and the external sales are small.
Most of them are temporarily not quoting, and a few have raised their quotations.
The market continues to be in short supply and merchants are actively speculating.
There is still a small increase before the holiday.
Manufacturers are paying close attention to; raw materials are both weakened and costs are somewhat Desalination, but the spot market is still tight and continues to rise, a small amount of export is still the main feature, and most of the devices are operating normally.
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 18,500 yuan/ton, mainly for downstream polycarbonate devices, and only a small amount of external sales.
The 100,000+110,000-ton/year bisphenol A plant is operating smoothly, and the 100,000+100,000-ton/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 20,000 yuan/ton, an increase of 200 yuan/ton, and 120,000 tons/year double The phenol A plant is operating at full capacity, the contract is mainly supplied, and the market is temporarily unlimited.
The spot trend continues to be paid more attention; Wuxi resin is closed, the pre-ex-factory price is 17500-18000 yuan/ton, and the main supply is for the Xitong epoxy resin plant (overall Production capacity of 100,000 tons/year), Wuxi polycarbon grade products are completely self-use and ready to be exported, Nantong epoxy grade products are mainly used for self-use, and some are exported.
Wuxi 25,000 tons/year bisphenol A plant is operating normally and has high operating load.
Nantong The 90,000-ton/year bisphenol A plant resumes operation and the load is 50%; Zhongxin Chemical has closed the disk, the initial ex-factory price is 16,900 yuan/ton, and the 25,000-ton/year bisphenol A plant is operating at full capacity.
The product is mainly for self-use and the main supply is ears.
Cement epoxy resin plant (overall production capacity is more than 50,000 tons/year), and the upstream 200,000 tons/year phenol ketone plant is operating stably.

(Our reporter Shuhuan)

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