Daily review of bisphenol A: steadily rising

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] April 9, 2010: The domestic bisphenol A market continues to rise steadily, and the overall upward trend.
On the last trading day (April 08), the mainstream transaction price in East China in the mainstream market formed a range of 15,500-15,700 yuan/ton, and the low-end increased by 100 yuan/ton and the high-end increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was operating at a high level and rising steadily on that day, and the cost and external disks were strongly supported.
The sellers were reluctant to sell, and the downstream epoxy resin prices followed up.
, Raw materials are bullish, actively looking for goods, cautious stocking and trading are acceptable, but the enthusiasm for chasing the rise is limited, and the actual increase in negotiations is not significant.
There is still room for short-term growth in the domestic market; the external market is strong, downstream and importers feel more risky and enter the market Cautious and a strong wait-and-see atmosphere.
In the first few trading days of the week, there were few transactions in foreign markets.
Due to the recent strong European and American markets and the re-export of some goods, major manufacturers have firm quotations and low expectations.
It is not easy to find goods at prices below 1,800 US dollars/ton.
.
Oil prices continue to rise, laying the foundation for the cost of bulk commodities, and the overall bisphenol A raw material market is strong.
Among them, the pure benzene outer disk fluctuates at a high level of more than 1,000 US dollars/ton, and the focus of spot negotiations is rising at 7850 yuan/ton; phenol ketone manufacturers revise up again.
, Jilin Petrochemical, Yanshan Petrochemical, Gaoqiao Petrochemical raised, and the spot market is expected to rise further.
The raw material market has performed strongly and manufacturers are also taking action.
Bayer Shanghai took the lead in raising the price and Sinopec Mitsui will follow up.
Although the downstream is cautious in catching up, the fundamentals show that there are not many direct negatives and there is no lack of narrow upside possibilities.

    On the previous trading day (April 8th), the BPA market was bullish and continued to fluctuate.
The overall trading and shipment were not smooth.
The early market rose faster and the downstream followed up all the way.
With the increase in high risks, it was cautious to chase further growth.
Oil prices continue to rise, raw materials phenolic ketones/benzenes are strong, plus external support, low imports and low replenishment, easy to rise and hard to fall, low intentions are not large, the market is more wait and see, and the situation is generally high.
Raw materials and external disks are jointly promoted.
Most of the market participants continue to be bullish, and they are reluctant to sell and control the pace of shipments; the downstream epoxy resin market is rising steadily, and the follow-up is relatively slow.
The cost of raw materials is pushing up, the quotation is rising, and the actual shipping price is rising.
However, the overall advantage is leading and the market still has some room to rise.
Costs, downstream polycarbonate demand support, and equipment maintenance support are still more optimistic in the short-term.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16000-16200 yuan/ton, the increase is 200 yuan/ton, the mainstream transaction price is 15500-15700 yuan/ton, The low-end price is raised by 100 yuan/ton/ the high-end price is raised by 200 yuan/ton; the mainstream quotation in Huangshan area is raised by 16100-16200 yuan/ton, the price is raised by 200 yuan/ton, the mainstream transaction price is raised by 15600-15700 yuan/ton, and the low-end price is raised by 300 yuan/ton/ The high-end price is raised by 200 yuan/ton; the mainstream quotation in North China is 16100-16200 yuan/ton, and the price is raised by 200 yuan/ton, the mainstream transaction price is 15600-15700 yuan/ton, and the price is raised by 100 yuan/ton; the mainstream quotation in South China is 16500-16700 yuan/ton , Raise 200 yuan/ton, mainstream transaction price 16000-16200 yuan/ton, low-end raise 100 yuan/ton/high-end raise 200 yuan/ton.

    Domestic bisphenol A manufacturers continue to adjust partly, the spot price rises again, and the manufacturers support, the spot market is on the rise, the mentality is good, the supply is limited, it is helpful for the upward movement, continue to attack, the start-up is still low, some devices have yet to be tested, and new devices have not yet been launched.
Discharged; the overall main characteristics are still shown as follows: cater to the market, increase 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.
epoxy-e.
cn), on the same day: Bayer’s Shanghai ex-factory price was 15,800 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 unit is operating stably, with a load of 30%, and the 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 15,500 yuan/ton, 120,000 tons/year The bisphenol A plant is operating normally and is operating at full capacity.
The products are mainly supplied to polycarbonate manufacturers.
The accumulated inventory and retail investors will not be exported temporarily.
Further attention will be paid to the trend of the spot market; Wuxi resin is closed, the pre-ex-factory price is 17500~18000 yuan/ton, and the product is supporting Own use, no export sales in the near future-Mainly supply Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), some outsourcing, Wuxi 25,000 tons/year bisphenol A plant is in normal operation and the load is not high, Nantong 90,000 The ton/year bisphenol A plant continues to be in trial operation and plans to produce qualified products at the end of this month; Zhongxin Chemical’s ex-factory price is 16,000 yuan/ton, an increase of 400 yuan/ton, 25,000 tons/year bisphenol A device runs smoothly, the main supplier is Suicheng Epoxy resin equipment (overall production capacity is more than 50,000 tons/year), mainly for self-use, rarely for export.

(Our reporter Shuzhi)

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