Daily review of BPA: shocks up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 21, 2010: The domestic bisphenol A market fluctuates upward and continues to rise.
On the last trading day (April 20), the mainstream transaction price in East China in the mainstream market began to enter the range of 16,100-16,200 yuan/ton, with an increase of 200 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the spot market continued to open slightly higher on that day, and the focus of negotiations was gradually increasing.
The phenol/bisphenol A companies all increased, and downstream companies sought goods at reasonable prices to cover their positions.
, The market ignores the short-term bearishness of crude oil, and the overall cautious optimism is still there.
Some wait and see and reluctant to sell, and wait for the market direction to become clearer.
The foreign disk market rose further.
The mainstream offer in the near-ocean regional market was US$1,950/ton (CFR China's main port), and the negotiated price was US$1870-1910/ton (CFR China's main port).
The situation is general; the domestic manufacturer Bayer Shanghai has raised its quotation by 200 yuan/ton to 16,400 yuan/ton, and Sinopec Mitsui’s quotation is temporarily stable.
The cost of raw material phenol is under pressure and there is a certain rise in the near future.
The raw material pure benzene internally and externally declined within a narrow range and fluctuated and adjusted.
Phenol continued to maintain a strong internal and external market, and acetone remained stable at a high level; the downstream was driven by the rise of dual raw materials and continued to rise.
The pressure was obvious.
float.
At present, most of the oil prices and green harvest of bulk commodities, the mentality of the bulk commodity market is slightly affected, but the momentum of bisphenol A is not diminished, and short-term attention is paid to raw materials, external disks and market supply and demand.

    On the trading day (April 20), the bisphenol A market continued to move up, with more wait-and-sees.
The high volatility market continued, and merchants' quotations increased.
Although the downstream follow-up was cautious, the raw materials and external markets continued.
The market mentality was good and the market outlook was cautious.
Optimistic expectations are widespread, the negotiated price can still catch up, and there are not many transactions for the time being.
The international crude oil surged after the surge, and the pure benzene lingered outside.
The direct raw material phenol was strongly pressing, which further pushed up the domestic upward adjustment; the two major raw materials, especially bisphenol A, were driven by the surge and the epoxy resin surged and the industry chain cost was transferred when needed.
Daily and follow-up interest is general, supply constraints, downstream passive follow-up is difficult to change, and some follow the market to cover up positions at reasonable prices.
The cost, external disk, supply and demand of bisphenol A are good, the mentality is cautiously optimistic, the seller controls the pace of shipments, the near-term output of 90,000 tons of Wuxi Resin (Nantong) plant/year is hopeless, and one of Bayer’s Shanghai plant fails to stop in the middle of the year, and the downstream passively follows the situation The short-term is difficult to change, and the spot continues to fluctuate and rise up.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16200-16500 yuan/ton, the increase is 200 yuan/ton, the mainstream transaction price is 16100-16200 yuan/ton, Increase by 200 yuan/ton; mainstream quotations in Huangshan area are 16300-16400 yuan/ton, mainstream transaction prices are 16100-16300 yuan/ton, and increase 200 yuan/ton; mainstream quotations in North China are 16300-16400 yuan/ton, mainstream transaction prices are 16200-16300 Yuan/ton, an increase of 200 Yuan/ton; the mainstream quotation in South China is 16700-17000 Yuan/ton, an increase of 200 Yuan/ton, and the mainstream transaction price is 16600-16700 Yuan/ton, an increase of 200 Yuan/ton.

    Domestic bisphenol A manufacturers continue to raise their prices and enter higher prices as a whole.
They have a positive attitude, limited supply resources, unstable operation of some devices, and new devices have not yet been released.
Recently, the raw material phenol has been rising frequently, and the cost has risen significantly.
The market outlook is cautious.
optimism.
The main characteristics of the overall operation are still manifested as follows: cater to the market, increased 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 Shanghai’s ex-factory price was 16,400 yuan/ton, and an increase of 200 yuan/ton, mainly for downstream polycarbonate devices and a small amount of external sales.
The 100,000-ton/year bisphenol A unit is operating at full capacity, the 110,000-ton/year bisphenol A unit is shut down due to equipment failure, and the 100,000+100,000-ton/year polycarbonate unit operates normally, one stop and one; Sinopec Mitsui’s ex-factory price is 16,600 yuan /Ton, increase by 300 yuan/ton, 120,000 tons/year bisphenol A plant is operating normally and starts at full capacity.
The products are mainly supplied to polycarbonate manufacturers.
Cumulative inventory and retail investors are temporarily not exported; Wuxi resin is closed, and the preliminary ex-factory price is 17,500 ~18,000 yuan/ton, the product is for self-use, no export sales in the near future-the main supply is Xitong epoxy resin plant (overall production capacity is more than 100,000 tons/year), some outsourcing, and the 25,000 tons/year bisphenol A plant in Wuxi is operating normally , The load is average, Nantong’s 90,000 tons/year bisphenol A plant continues to adjust, and plans to produce qualified products at the beginning of the month (currently unsuccessful, wait and see at the end of the month); Zhongxin Chemical closed the plate, the initial ex-factory price was 16,000 yuan/ton, 25,000 tons/year double The phenol A plant runs smoothly and has a high load.
It mainly supplies the Suicheng epoxy resin plant (overall production capacity is more than 50,000 tons/year), mainly for self-use, and rarely for export.

(Our reporter Wu Xi)

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.