Daily review of BPA: Continue to rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 15, 2010: The domestic bisphenol A market continues to rise and the market is rising.
On the last trading day (July 14), the mainstream transaction price in East China in the mainstream market has been in the range of 15,600-15,800 yuan/ton, an increase of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), market manufacturers rose on the day and spot prices rose.
Among them: Sinopec Mitsui raised 400 yuan/ton to 16000 yuan/ton.
Spots are in view of tight supply.
, Manufacturers increased, and the dual benefits continued to move up.
However, due to increased caution and lack of actual discussions at high levels, the rise in phenol is only one of the reasons for the promotion.
The tight supply of goods is currently the biggest support.
Phenol was compensated for by some production companies, and the spot offer in East China was pulled to 14,000 yuan/ton, and there were few transactions at a high level.
The acetone market continued to trade sideways and the trading atmosphere was flat.
The mainstream negotiation price in East China was 5500-5600 yuan/ton.
At present, bisphenol A and phenol are both rising: since the end of June, bisphenol A and the raw material phenol have been relying on each other and have risen side by side.
In just two weeks, both have increased greatly, reaching 1,000 and 2,000 yuan/ton respectively.
Manufacturers did not miss the opportunity to increase the follow-up, which has become the main driving force for the market's upward movement, and downstream terminals are mostly in a passive follow-up state.
The bisphenol A market is booming and transactions are scarce.
The stock holders are scarce.
They are reluctant to sell or offer high prices.
Buyers are not easy to find goods.
There are few transactions.
It is expected that the market will continue to push forward and pay attention to the market.
Real talk, high-level market continues.

On the last trading day (July 14), the market price of bisphenol A was high and fluctuated within a narrow range.
The raw material phenol rose, which intensified sellers’ wait and see.
The supply of bisphenol A during the stage was still tight, and the merchants had a strong intention to hold prices.
The downstream market was more cautious.
High-level transactions are limited, the spot atmosphere is strong, and there is no clear direction for the time being; the wait-and-see atmosphere is relatively strong, and the merchants are reluctant to sell to increase the mentality.
Some merchants are closed and wait-and-see, looking forward to a breakthrough in transactions.
Supported by the rise in phenol and bisphenol A, the intention to ship bisphenol A in the outer disk has increased and has reached more than 1,850 US dollars per ton-the outer disk also has the meaning of rising along with the spot, the low end of the Jinyang offer disappears, and the downstream and merchants are worried about the medium-term risks , Purchasing is more cautious, the terminal buying intention is only US$1,800/ton (CFR China's main port), and the market is rumored to be negotiated for some Asian cargoes at US$1,860/ton.
The quotation of the upstream pure benzene external disk increased slightly, and the bid was still stable.
The spot situation in East China was normal for negotiation and heavy volume; the phenol spot traded sideways and the downstream high level conflicted; acetone oversold and rebounded slightly, and some intermediate merchants were bargaining for speculation.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16,000 yuan/ton, the mainstream transaction price is 15600-15800 yuan/ton, and the increase is 100 yuan/ton; Huangshan area The mainstream quotation is 16,000 yuan/ton, the mainstream transaction price is 15700-15900 yuan/ton, the low-end price is increased by 100 yuan/ton/the high-end price is increased by 200 yuan/ton; the mainstream quotation in North China is 16,000 yuan/ton, and the mainstream transaction price is 15600-15900 yuan/ton.
, The high-end price is raised by 200 yuan/ton; the mainstream quotation in South China is 16500 yuan/ton, the mainstream transaction price is 16100-16300 yuan/ton, and the price is raised by 100 yuan/ton.

    Domestic bisphenol A manufacturers have raised their quotations, echoing the increase.
Existing devices are operating normally, new devices are gradually stabilizing, raw materials are rising and falling, their own market continues to rise, cost factors are no longer dominant, supply tightness is limited, the scale of shipments is small, and inventory pressure is not great.
The main characteristics of the overall operation are as follows: wait and see the market, operation is average, unable to control, follow the goods mainly, and the overall production load level is acceptable.
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, and the main configuration was the supply of downstream polycarbonate devices and a small amount of external sales.
The 100,000+110,000-ton/year bisphenol A unit is operating normally, with 80% load, and the 100,000+100,000-ton/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 16,000 yuan/ton, an increase of 400 yuan/ton, 120,000 tons/year The bisphenol A plant was operating normally in 2015, and the contract supply was mainly executed, and the spot trend was paid more attention; Wuxi resin was closed, the pre-ex-factory price was 17500-18000 yuan/ton, and the main supply of Xitong epoxy resin plant (total capacity 100,000 tons/ Year), Wuxi polycarbon-grade products are ready for export, and Nantong epoxy-grade products are mainly used for self-use.
Wuxi's 25,000-ton/year bisphenol A plant is operating normally, and Nantong’s 90,000-ton/year bisphenol A plant is operating stably.
Product output is normal; Zhongxin Chemical has closed the disk, the initial ex-factory price is 16,900 yuan/ton, and the 25,000 tons/year bisphenol A plant is operating normally and starts at full load.
The products are only for self-use and the main supply of Suicheng epoxy resin plant (overall The production capacity exceeds 50,000 tons/year), and the upstream 200,000 tons/year phenol ketone plant is operating stably.

(Our reporter Lan Xin)

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