Daily Review of Bisphenol A: Smooth talks

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 10, 2010: The domestic bisphenol A market negotiations are stable and high-level.
On the last trading day (September 9), the mainstream transaction price in the mainstream market in East China was temporarily stable at the range of 19,300 to 19,500 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was still stable on that day, the spot supply was still tight, and the terminal demand was not good.
Single transactions are mostly dominated, and the market is consolidating at a high level.
Downstream polycarbonate supply is tight, and low-end brands offer small offers, but due to the small proportion of domestic consumption and limited support for bisphenol A, epoxy resin manufacturers are under-operating and raw material purchases are still light.
The raw material phenol market declined slightly and operated weakly.
The East China region negotiated 15200-15300 yuan/ton, and the transaction was low-end and the downstream demand was limited.
The buyers and sellers of acetone were not motivated to enter the market and market transactions were limited.
East China negotiated 6350-6400 yuan/ton.
Ton.
At present, the spot trend is stable, the negotiation atmosphere is stalemate, the arrival time of imported goods is approaching, the buyer's wait-and-see sentiment is growing, the actual operation is cautious, small orders are mainly used, some end users have rigid demand and are forced to make low-volume replenishment; Bayer Shanghai Pelletizing Tower failure , Plan to park on Thursday for a week, or it may be new good news.
The supply of bisphenol A in the market is still tight, and the shutdown of domestic installations in the later period may aggravate the shortage of supply; but the arrival of imported replenishment goods is imminent, or can partially alleviate this situation, short-term futures source supply remains low, and the market temporarily consolidates at a high level.

    On the trading day (September 9), the bisphenol A market was flat and stable, and there were not many transactions.
In mid-September, the near- and ocean-going goods reached the shore, and the futures price was mostly at 19,300 yuan/ton.
Downstream manufacturers were scarcely available, and merchants were reluctant to sell and wait and see.
; Spot supply is tight, prices are high, and low prices are hard to find, but the overall transaction process is slow.
The downstream is forced to receive goods to maintain production, mainly purchase small orders on demand, pay close attention to the arrival of imported supplies, and continue the trend of high market consolidation.
At present, the market is consolidating at a high level and cautiously wait-and-see.
The transactions are still dominated by small orders and the terminal purchase intention is weak.
The raw material phenol market has weakened, the atmosphere is weak, the demand is limited, and the market waits and sees; the acetone market is weak, the low-end supply is limited, merchants follow the market, and the mentality is cautious.
Downstream manufacturers make up for the port and pay attention to the port.
The supply of low-end polycarbonate materials is tight, the market is firm, the supply of high-end materials is relatively abundant, the offer is stable, the cost is supported, and the mentality is slightly better.
In short, supply is tight, prices are high, merchants wait and see, the pace of trading slows, downstream cost pressure is too large, purchasing intentions are weak, internal and external markets are high, and the short-term market is stable.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 19,500-19,600 yuan/ton, the mainstream transaction price is 19,300-19,500 yuan/ton; the mainstream quotation in Huangshan region is 19,600-19,700 The mainstream transaction price is 19,500-19,600 yuan/ton; the mainstream quotation in North China is 19,600-19,700 yuan/ton, and the mainstream transaction price is 19,400-19,500 yuan/ton; the mainstream quotations in South China are 20,000-21,000 yuan/ton, and the mainstream transaction price is 19,800 ~20,000 yuan/ton.

    Domestic bisphenol A manufacturers maintained stable operations at a high level.
Wait and see the market, cater to the operation, the cost support is acceptable, but the impact is limited, the resources are tight, and the manufacturer's actions are obvious; most of the devices are operating normally, some of them are about to be short repaired, and the starting load is average, but the main devices are running at full load, and the products are still mainly for self-use and overall The external supply is limited.
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.
Actively wait and see the spot gains and support the market.
The 100,000+110,000 tons/year bisphenol A plant is operating normally.
Due to the failure of the prilling tower device, it is planned to shut down on Thursday for 1 week, and 100,000+100,000 tons/year polycarbonate The device is operating normally; Sinopec Mitsui’s ex-factory price is 18,800 yuan/ton, an increase of 300 yuan/ton, and the 120,000 tons/year bisphenol A device is operating at full capacity.
The contract supply is mainly executed, and a small amount of market bulk is sold.
Spot trends continue to be paid more attention.
; Wuxi resin sealing plate, the pre-factory price is 17500~18000 yuan/ton, the main supply is Xitong epoxy resin plant (total production capacity is 100,000 tons/year), Wuxi polycarbon grade products are completely self-use, ready to export, Nantong epoxy grade products Mainly for self-use, partly for export.
The 25,000-ton/year bisphenol A plant in Wuxi is operating normally and the load is relatively high.
The 90,000-ton/year bisphenol A plant in Nantong is shut down for maintenance and ends in mid-day; Zhongxin Chemical is closed, and the initial ex-factory price is 16,900 yuan.
/ Ton, 25,000 tons/year bisphenol A plant is operating at full capacity, the products continue to be used mainly for self-use, mainly for Suicheng epoxy resin plant (overall production capacity is more than 50,000 tons/year), upstream 200,000 tons/year phenol ketone plant run smoothly.

(Our reporter Ye Hui)

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