Daily review of BPA: confidence is still there

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 4, 2010: The domestic bisphenol A market remains confident and the market is at a high level.
On the last trading day (August 3), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 17,100 to 17,300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot price in the market fluctuated at a high level on that day.
Crude oil broke through US$80/barrel, European and American sub-pure benzophenones rose, phenolic ketones performed strongly, and the external market for bisphenol A performed well; downstream, facing dual raw materials as a whole and increasing cost pressures, they paid close attention to downstream procurement and subsequent arrivals.
It is expected that crude oil surged overnight at a short-term high level.
In short, pure benzene and phenolic ketones have further strengthened, coupled with obvious signs of the market’s improvement and market mentality, the bisphenol A market atmosphere has improved compared with before, the offer is high at 17,500 yuan/ton, and the transaction is closely followed.
In view of the overall spot resources There are still not many, and the downstream purchases are mostly on-demand, and the delivery volume is average.
It is worth noting that in the downstream market in the near future, the cost of bisphenol A has already been under great pressure and the epichlorohydrin has been adjusted to 1,000 yuan.
The end manufacturers have a stronger wait-and-see atmosphere and the market direction has yet to be clarified.
At present, domestic manufacturers of pure benzene have increased by 100 yuan/ton to 6,700 yuan/ton, and the spot growth rate is slightly slower.
Negotiations are 6500-6600 yuan/ton; phenol and acetone both internally and externally increased simultaneously.
Among them, the growth of phenol slowed down.
14900~15000 yuan/ton, acetone sharply lifted the seal at the beginning of this week, and negotiated 6400-6600 yuan/ton.

    On the last trading day (August 3), the bisphenol A market was not much traded and continued to be at a high level.
The negotiation continued to push up slightly, and the atmosphere was still on the upward trend.
Epichlorohydrin rose sharply, and bisphenol A had been rising for a long time.
The market is currently at a high level.
Turning to shocks, focusing on related products and receiving downstream goods, it is expected that the high-level consolidation will be the mainstay, and the upward momentum will continue.
The major manufacturer Zhongshi Mitsui once again rose slightly, and related products epichlorohydrin rose simultaneously.
Downstream terminals and merchants were waiting to see the atmosphere.
There were not many firm transactions and small talks.
The trend after the spot rush was focused.
Main; at the beginning of the month, the buyer’s overall wait-and-see atmosphere has gradually increased.
With the gradual improvement of macro fundamentals, last week, pure benzene fluctuated at US$800/ton, and the internal and external disks of phenolic ketones increased simultaneously.
Alleviate the spot; last weekend, phenol and ketones increased, pure benzene Sinopec was brewing to adjust again, and pay attention to related products, cyclochlorine, and domestic spot A price guidelines during the week.
Overall, the upward trend continues, but the rise has slowed last weekend, and after hearing of recent arrivals in Hong Kong, merchants have a slightly cautious attitude, and they will ship with the market.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 17,200-17,500 yuan/ton, the mainstream transaction price is 17,100-17,300 yuan/ton; the mainstream quotation in Huangshan area is 17,300～ 17,500 yuan/ton, the mainstream transaction price is 17200-17300 yuan/ton; the mainstream quotation in North China is 17400-17500 yuan/ton, the mainstream transaction price is 17200-17300 yuan/ton; the mainstream quotation in South China is 17700～18,000 yuan/ton, the mainstream transaction price 17600～17800 yuan/ton.

    Domestic bisphenol A manufacturers closely respond to the market.
Existing equipment is operating normally, new equipment needs to be upgraded, raw materials are rising, its own supply is insufficient, the load is high, and the operation is mainly to push up, the supply is tight, the shipment continues to be limited, the inventory is low, and the supply is guaranteed.
The characteristics of the overall operation are as follows: responding to the market, strengthening its strength, inability to lead, responding to the market, and the overall operating load level is relatively high.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), on the same day: Bayer Shanghai closed the disk, the initial ex-factory price was 17,200 yuan/ton, mainly for the supply of downstream polycarbonate devices, and a small amount of external sales.
In the near future The polycarbonate is weak, but the demand for BPA remains.
The 100,000+110,000 tons/year bisphenol A unit is operating normally and the load is 80%, and the 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 17,200 yuan/ Tons, 120,000 tons/year bisphenol A plant is operating at full capacity, the contract supply is the main focus, and the spot trend is paid more attention; Wuxi resin is closed, the initial ex-factory price is 17500~18,000 yuan/ton, and the main supply is Xitong epoxy resin plant (Overall production capacity is 100,000 tons/year), Wuxi polycarbon grade products are ready for export, Nantong epoxy grade products are mainly used for self-use, Wuxi's 25,000 tons/year bisphenol A plant is operating normally and is replacing ions, and Nantong 90,000 tons/year The bisphenol A plant is operating stably and needs to be improved (September planned to shut down for rectification); Zhongxin Chemical closed the disk, the initial ex-factory price was 16,900 yuan/ton, and the 25,000 tons/year bisphenol A plant was operating normally and started at full load, and the products were only for self-use Mainly supply Suicheng 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 Liang Xi)

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