Daily review of BPA: higher at the beginning of the week

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 7, 2010: The domestic bisphenol A market oscillated and rose within a narrow range.
On the last trading day (April 06), the mainstream transaction price in East China in the mainstream market was 15300-15500 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), the market was at a high level on the day, and the holding merchants had strong confidence in the market.
Most of them were optimistic and reluctant to sell.
The downstream purchasing enthusiasm was not high.
The trading volume is sluggish, and the market still has some upside; the rise of related products epichlorohydrin is suppressed, coupled with poor demand, so the continued upward pressure is relatively high, so it is still characterized by a narrow range.
Bisphenol A seems unexpected in the short-term-"higher, faster, more violent" rise, the "tone change" in the middle of last week, whether it indicates a turning point in the market-still needs further verification within the week.
At present, bisphenol A is still gaining the upper hand, and some merchants who hold goods have made profit to lighten their positions, while still optimistic about the market outlook.
The domestic spot market is rising strongly, and the regional market supply and demand is well supported.
The bisphenol A external disk market continues to rise.
Last week, the negotiation range was concentrated at 1760-1850 US dollars/ton (CFR China's main port), and the focus was concentrated on the middle and low end, with a range of 30-40 USD/ton, the external disk has risen for 3 consecutive weeks, the short-term rise is obvious, and the market high risk is also increasing; but recently, the oil price has continued to rise and the bulk commodity has fluctuated upward; the raw material phenol has both risen in the outer disk, and the lack of ocean-going cargo and domestic equipment maintenance support ; Acetone’s external disk steadily strengthened, mainly driven by the strong raw material market and the gradual digestion of high spot inventories.

    On the trading day (April 06), the bisphenol A market is still heating up, and it is easy to rise but hard to fall in the short term.
Holders are still relatively optimistic.
Most of the stocks are not reported or cannot be reported.
It is not easy to find goods at low prices downstream, high prices are not available, more inventory is consumed, and transactions are scarce.
The market is still mainly rising, but demand Poor, continued upward resistance cannot be ignored.
Crude oil closed soaring, boosting the chemical market sentiment, potential support for bisphenol A high level, strong energy trend, market participants cautiously wait and see, sellers are reluctant to sell and push up, and the phenomenon of non-reporting is highlighted; the epoxy resin market is chasing rising, and manufacturers are passively accepting There are fewer people, and most of them still consume inventory.
The "Great Leap Forward" trend of the market and the increase in profitability have intensified the cautious sentiment of the downstream market in entering the market.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 15700~16000 yuan/ton, the low-end price is raised by 200 yuan/ton/ the high-end price is raised by 500 yuan/ton, and the mainstream The transaction price is 15300-15500 yuan/ton, an increase of 100 yuan/ton; the mainstream quotation in Huangshan area is 15900-16000 yuan/ton, an increase of 400 yuan/ton, the mainstream transaction price is 15300-15500 yuan/ton; the mainstream quotation in North China is 15900-16000 yuan /Ton, increase 400 yuan/ton, mainstream transaction price 15500-15600 yuan/ton, increase 100 yuan/ton; mainstream quotations in South China are 16200-16500 yuan/ton, low-end increase 200 yuan/ton/high-end increase 500 yuan/ton , The mainstream transaction price is 15800-16000 yuan/ton, up 100 yuan/ton.

    Domestic bisphenol A manufacturers offer high prices, the spot price is rising again, the manufacturers are strong, the spot is going up, the mentality is good, the supply is limited, it is helpful to go up, continue to attack, the start-up is still low, some devices have yet to be tested, and new devices have not yet been released.
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 15,500 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 plant operates stably and starts up at full capacity, with 100,000+100,000 tons.
/Year polycarbonate plant is operating normally; Sinopec Mitsui’s ex-factory price is 15,500 yuan/ton, and 120,000 tons/year of bisphenol A plant is operating normally and is running at full capacity.
The products are mainly supplied to polycarbonate manufacturers.
Cumulative inventory and retail investors are temporarily not exported.
Pay more attention to the trend of the spot market; Wuxi resin is closed, the initial ex-factory price is 17500~18000 yuan/ton, the product is used for self-use, and there is no export in the near future-the main supply of Xitong epoxy resin equipment (overall production capacity exceeds 100,000 tons/year), some Outsourcing, the 25,000-ton/year bisphenol A unit is operating normally and the load is not high.
The 90,000-ton/year bisphenol A unit in Nantong will be charged on February 22 and will be discharged in April; Zhongxin Chemical’s ex-factory price is 15,600 yuan/ton, The 25,000-ton/year bisphenol A plant is running smoothly.
The main supply is the Suicheng epoxy resin plant (the overall production capacity is more than 50,000 tons/year), and it is mainly for self-use and rarely exported.

(Our reporter Xue Shi)

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