Daily review of BPA: wait and see

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 3, 2009: The domestic bisphenol A market has limited resources and strong wait-and-see, and the mainstream on the trading day (February 2) The mainstream transaction prices in East China have been slightly adjusted upwards to 7200-7300 yuan/ton and 100 yuan/ton upwards.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market rose slightly by 100 yuan/ton on that day, mainly due to limited spot resources.
However, the market has a strong wait-and-see atmosphere and few overall transactions.
The high-end price is 7,300 yuan/ton, and low-price resources are hard to find; the raw material market phenol has a strong wait-and-see atmosphere and few transactions—the quotation in East China is slightly lower—about 4,300-4,400 yuan/ton.
Acetone has few transactions and mostly wait-and-see— —The price in East China remained at 4750-4800 yuan/ton; downstream epoxy resin manufacturers did not start much, the market wait-and-see atmosphere was strong, the overall transaction volume was relatively small, the support of bisphenol A consumption was limited, and narrow consolidation was the main focus; buyers and sellers gradually returned Market, the overall quotation is not much, mostly wait-and-see-just because the Spring Festival has just passed, the festive atmosphere is still there, the downstream has not resumed construction, and the negotiation news is limited; the foreign market is still mainly offshore, and the offer is 800 US dollars / ton (CFR China's main port) and above, give certain support to the domestic market.
Traders have a certain bullish mentality, but there are many parking places downstream, and demand has not recovered.
All parties pay more attention to the resumption of downstream work.
At present, the market is thin and the wait-and-see atmosphere is relatively strong.
, The market offers fewer offers and the actual need to start, merchants are reluctant to sell and wait and see the market trend.

On the trading day (February 2), the domestic bisphenol A market remained operational.
The trading atmosphere was light and the prices were mostly maintained.
Most of the major manufacturers did not start operations at a high level.
Before the Spring Festival, the domestic downstream market-epoxy resin started to increase, and more inventory was prepared.
However, people in the industry have little confidence in the demand for driving after the holiday; the supply of imported resources in the previous period is expected to arrive in early February.
Importers are facing greater pressure to pay foreign exchange, and the two major installations in Shanghai are put into operation, forming a market mentality.
Certainly shock.
Domestic manufacturers continue to control the start of construction without quoting.
Bayer Shanghai's 11+100,000 ton/year plant maintains operation, and 50% of the overall start-up is mainly for self-use; Sinopec Mitsui's 120,000 ton/year plant maintains circulation and has less product inventory; Wuxi When the resin starts and stops, the 25,000-ton/year unit is operated at low load, mainly for self-use, and rarely exported; Huizhou Zhongxin Chemical's 25,000-ton/year unit is operated at low load, with low inventory and mainly for self-use.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 7200-7300 yuan/ton, the increase is 100 yuan/ton, the mainstream transaction price is 7100-7200 yuan/ton, Increase by 100 yuan/ton; mainstream quotations in Huangshan area are 7200-7400 yuan/ton, raised by 100 yuan/ton, mainstream transaction prices are 7200-7300 yuan/ton, raised by 100 yuan/ton; mainstream quotations in North China are 7300-7400 yuan/ton, Increase 100 yuan/ton, mainstream transaction price 7200-7300 yuan/ton, increase 100 yuan/ton; mainstream quotation in South China 7700-7800 yuan/ton, increase 100 yuan/ton, mainstream transaction price 7600-7700 yuan/ton, increase 100 yuan/ton.

    Domestic bisphenol A manufacturers have increased production capacity, limited load, continued low-key operations, and unclear external supply quotations.
They are basically used for self-supporting and shipped in volume with the market.
The supply capacity is greatly enhanced, and the power of discourse is expected to increase.
Observation is carried out, and there is an intention to stabilize the market in the early stage.
According to market experts 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 17,700 yuan/ton, the products are mainly for self-use, the overall load is less than 50%, the first set The load of the 110,000-ton/year bisphenol A plant is relatively low, the second set of 100,000-ton/year bisphenol A plant started up in January 2009/load is low, and the load of the first 100,000-ton/year polycarbonate plant is relatively low.
, The second 100,000-ton/year polycarbonate plant was mechanically completed in October 2008/started up in December; Sinopec Mitsui’s 120,000-ton/year plant maintains circulation, no production, product inventory is small, and it is mainly supplied to contractors; Wuxi resin is closed, the initial price is 17500～18000 yuan/ton, the products are for self-use, basically no export, 16,000 tons/year bisphenol A plant will stop and restart on April 17th, and 25,000 tons/year bisphenol A The plant is operating normally and the catalyst replacement is planned.
In March, Nantong’s 90,000 tons/year bisphenol A plant is scheduled to be put into operation in the second quarter; Zhongxin Chemical closed the disk, the initial ex-factory price was 8,000 yuan/ton, and the 25,000 tons/year bisphenol A plant was overhauled last week , Now it has been restarted, and it is mainly used by Suicheng supporting equipment, and there are not many export sales.

(This station reporter Xingchen)

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