Daily Review of Bisphenol A: The market is slightly tired

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from May 11, 2010: The domestic bisphenol A market is slightly weak and has fallen.
On the last trading day (May 10), the mainstream transaction price in East China in the mainstream market fell to the range of 16,400-16,500 yuan/ton, with a reduction of 100 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market opened flat on the day and went down.
The mainstream offers in the market were corrected, the actual shipments were synchronized, and the buyer’s partial buying price intention was slightly lower.
Recently, international oil prices have plummeted, bulk commodities have been under pressure, and more downstream users are on the sidelines, and the interest in entering the market is moderate; the current bisphenol A spot market is downcast.
Affected by the continuous plummet of international crude oil and the downward adjustment of bulk commodity shocks, the market mentality is slightly differentiated, and merchants come out.
The intention of the goods has increased, the market transaction center is biased toward the low-medium level, and the buyer digests the inventory and pays close attention to the spot.
The overall transaction situation is still relatively ordinary.
The downstream epoxy resin market has been reorganized at a high level, and some manufacturers have made up for the increase.
Recently, the market has risen frequently, downstream terminals are under pressure, and some are cautiously waiting and watching.
Most manufacturers mainly ship orders, and the actual high-end prices are limited.
On that day as the beginning of the week, the market sentiment was mainly wait-and-see, and the market was sorted within a narrow range.
Last week, energy plummeted continuously, which directly affected some people in the market.
At present, the number of shipments has increased and the downstream market follows the market.
With weak spot shocks and increased market profit-taking, external disk supply and demand support and continue to remain high, the two main downstream polycarbonate and epoxy resins are in good demand, and subsequent costs are rising.
Even if the weakness of bulk commodities is widespread, it is expected to double Phenol A has limited room to kill and decline, and this week is mainly due to narrow fluctuations.
 

    On the previous trading day (May 10), the BPA market sentiment was flat and the market declined slightly.
The international crude oil plummeted recently, and mentality was slightly affected.
Some merchants have increased their intention to lighten their positions and reduce warehouses.
Downstream cautious wait-and-see increased, and the focus of negotiations on prices decreased.
External disks High stalemate, importers talk more cautiously; although the high position is strong, it is affected by the continuous plunge of international crude oil, the market mentality is divided, the spot market is slightly cloudy after midweek, and the downward adjustment is carried out with the shock of bulk commodities.
The downstream cautious wait-and-see mentality breeds and pay close attention to the domestic market.
Outer disks and related products, there is no lack of narrow-range weakness in the spot market.
The upstream propylene market has weakened due to the shock of crude oil, and the spot is weakened.
The phenolic ketone market is weak and volatile, and the inventory is relatively abundant.
Pay attention to the latest production and sales progress of Tianjin Petrochemical.
According to market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 16600-16800 yuan/ton, the low-end price is reduced by 100 yuan/ton/ the high-end price is reduced by 200 yuan/ton, and the mainstream Transaction price is 16400-16500 yuan/ton, down 100 yuan/ton; mainstream quotation in Huangshan area is 16700-16900 yuan/ton, down 100 yuan/ton, mainstream transaction price is 16500-16600 yuan/ton, down 100 yuan/ton; North China The mainstream price is 16500-16900 yuan/ton, the low-end price is lowered by 200 yuan/ton/ the high-end price is lowered by 100 yuan/ton, the mainstream transaction price is 16500-16600 yuan/ton, and the price is lowered by 100 yuan/ton; the mainstream quotation in South China is 17100-17300 yuan/ton , The low-end price is lowered by 100 yuan/ton/ the high-end price is lowered by 200 yuan/ton, the mainstream transaction price is 16900~17000 yuan/ton, and the price is lowered by 100 yuan/ton.

    Domestic bisphenol A manufacturers have clear quotations and maintained their mentality.
The operation of existing devices has stabilized, and new devices have not yet been released.
Recently, raw materials have been sorted out, the market focus has not yet fluctuated, cost factors can still be supported, and shipment intentions have increased.
The main characteristics of the overall operation are as follows: wait and see the market, increase operational efforts, inability to push the market, stabilize the market, maintain load, and still 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 17,000 yuan/ton, the main supply was configured to supply downstream polycarbonate devices, and a small amount of external sales, 10 + 110,000 The ton/year bisphenol A plant is operating normally and the load is 80%, and the 100,000+100,000 tons/year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 17,000 yuan/ton, and the 120,000 tons/year bisphenol A plant is operating at full load, 6 May be overhauled every month, the products are mainly supplied to contract users, and the shipment situation remains stable; Wuxi resin is closed, the pre-factory price is 17500~18000 yuan/ton, the product is for self-use, and there is no export in the near future-supporting the main supply of Xitong epoxy resin device ( The overall production capacity exceeds 100,000 tons/year), the 25,000 tons/year bisphenol A plant in Wuxi is operating normally and the load is average, and the 90,000 tons/year bisphenol A plant in Nantong continues to be debugged, and there is no output news; Zhongxin Chemical has once again closed, The initial ex-factory price was 16,900 yuan/ton, the 25,000-ton/year bisphenol A device was operating smoothly, and it may be shut down for maintenance in early May.
The upstream 200,000-ton/year phenol ketone device was unexpectedly shut down at the beginning of the week.
The main supply is for the Suicheng epoxy resin device (overall The production capacity is more than 50,000 tons/year), mainly for self-use and limited export.

(Our reporter Lan Xin)

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