Daily review of BPA: heating up at the beginning of the week

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 24, 2010: The domestic bisphenol A market has rebounded and the market has risen slightly.
On the last trading day (August 23), the mainstream transaction price in East China in the mainstream market was slightly raised to the range of 17000-17200 yuan/ton, and the high-end price was raised by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), there was a strong wait-and-see atmosphere in the market that day, and relevant news needs to be further clarified, and there are not many active offers.
However, some downstream and intermediate merchants have tried to inquire Looking for the direction, although there is not much talk about it and the atmosphere is still recovering, the shutdown of the Nantong plant of Wuxi resin next month and the unexpected failure of the phenol ketone plant of Tianjin Petrochemical will obviously have certain benefits for the market.
At the beginning of the week, the spot market for bisphenol A opened flat, and the external market for raw material phenol ketones declined within a narrow range.
The Chinese market for phenol CFR fell slightly by 25-40 US dollars/ton to 1670-1780 US dollars/ton.
The acetone spot market has abundant supply and the pressure on domestic supply adjustment is slightly reduced.
, CFR China consulted and negotiated for US$690-740/ton; Tianjin Petrochemical unexpectedly planned to shut down for maintenance from August 26 to mid-September, and Yanshan Petrochemical also had a maintenance plan in September.
The market impact is further waiting to be seen.
At present, with the improvement of the spot atmosphere and the no longer arbitrage of merchants, the price has rebounded, but the transaction is insufficient; the external market has also shown a weakening trend in the early period, and the sporadic buying interest has dropped to below US$1,900/ton (CFR China's main port) , The market's short-term mentality is slightly empty, and there seems to be some room for consolidation in the follow-up.
In short, merchants' quotations are temporarily stable and raw materials are softening.
Market participants are cautiously optimistic, and the positives are slightly rising.
The overall discussion is flat and calm.

    On the last trading day (August 23), the market sentiment of bisphenol A changed slightly, and the downstream side waited and watched.
The transaction range was small and upward, and the actual center of gravity was narrow and high.
The current market mentality is slightly better, and the relevant news changes.
The reorganization continues and the atmosphere is no longer gloomy-mostly affected by the improvement of the short-term market, some merchants' shipment intentions have shrunk.
For the time being, the market outlook is positive, downstream and intermediate merchants are more upbeat, and the willingness to enter the market is not large, and market transactions are scarce.
The raw material pure benzene was deserted in the inner disk and the outer disk was active, the phenol atmosphere was sluggish, and the transaction was light and slightly lower.
There were also hearsays about the acetone atmosphere, and the market mentality was different.
Downstream epoxy resins are at a high stalemate, raw materials are weak, and long-term kinetic energy is insufficient, trading companies are closed and left the market to wait and see.
The recent bisphenol A market environment is long and short.
Merchants have a downbeat attitude and increased intentions to ship.
Last week, the focus of negotiations continued to drop.
Downstream purchases rose instead of buying or fell, and there was more exit from the market.
The volume and price of trading were shrinking, and the price was narrowly weak.
Sorting it out, the market seems to be turning for the better after entering this week's news, but the actual situation has yet to be further waited and seen.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 17,200-17,300 yuan/ton, the mainstream transaction price is 17,000-17200 yuan/ton, and the high-end price is increased by 100 yuan/ton.
; The mainstream quotation in Huangshan area is 17400-17500 yuan/ton, the mainstream transaction price is 17200-17400 yuan/ton; the mainstream quotation in North China is 17300-17400 yuan/ton, the mainstream transaction price is 17200-17300 yuan/ton; the mainstream quotation in South China is 17700-17800 Yuan/ton, the mainstream transaction price is 17500-17600 yuan/ton, and the high-end price is raised by 100 yuan/ton.

    Domestic bisphenol A manufacturers temporarily stabilized at a high level and operated in a low profile.
Most of the production equipment is operating normally, some overhauls have been completed, and the start-up is stable, and the products are still operating at full capacity.
The products are still mainly for self-use, and the number of external supplies is limited.
Some equipment is scheduled to be overhauled for half a month next month.
In the near future, we will wait and see the market and follow up operations.
According to a market expert 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 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 internal and external disks are stagnant and arranged sideways.
The 100,000+110,000 tons/year bisphenol A unit is operating normally and the load is 80%.
The 100,000+100,000 tons/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 17,500 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 25,000 tons/year bisphenol A plant is operating normally and the load is high, and Nantong 90,000 tons/year The bisphenol A plant is operating stably, and the quality needs to be improved (September 1-15 is planned to be shut down for 2 weeks for rectification); Zhongxin Chemical will be closed, the initial ex-factory price of 16,900 yuan/ton, 25,000 tons/year of bisphenol A plant on August 13 Daily shutdown for maintenance and will be restarted soon.
The products are mainly for self-use and the main supply is Suicheng epoxy resin equipment (overall production capacity is more than 50,000 tons/year).
The upstream 200,000 tons/year phenol and ketone equipment has been overhauled simultaneously.

(Our reporter Wu Xi)

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