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    Home > Coatings News > Resin News > Daily review of BPA: weekend consolidation

    Daily review of BPA: weekend consolidation

    • Last Update: 2021-04-21
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] September 19, 2010: The domestic bisphenol A market consolidates and runs at a high level over the weekend.
    On the last trading day (September 17), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 19,400 to 19,500 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market continued to trend at a high level that day, and negotiations were maintained, small orders were relatively high, spot supply was still tight, and equipment shutdowns aggravated the tight cargo situation.
    People in the market panic and some downstream are forced to buy at a high level, but the large order is still lacking, indicating that all parties are cautious; the raw material phenol ketone continues to weaken and the cost support is weakening.
    However, due to the long time off the cost line, the actual market impact is limited .
    During the weekend, the discussion atmosphere picked up and the focus of the discussion was slightly improved.
    Spot resources were still in short supply.
    In addition, the Mitsui installations unexpectedly broke out (it is expected to stop for about 5 days).
    The loss of output was more than 1,500 tons.
    The tight cargo situation may intensify.
    The mentality of the people in the hall was panic.
    Some manufacturers are forced to purchase at a high level, and the market fluctuates at a high level, and there is no lack of the possibility of higher prices.
    Raw material phenol manufacturers downgrade or flop, the focus of negotiation is small, and the transaction is limited.
    Eastern China negotiates 14900~15000 yuan/ton.
    Merchants follow the market and make up for downstream demand; the acetone market is weak, and the buying intention is low.
    Eastern China negotiates 6300~6350 yuan/ton, the downstream replenishment on demand, the enthusiasm for entering the market is not high.
    Rigid demand is supported, the downstream parts are continuously purchased, and the factory's BPA price intention is firm.
    In addition, the installation shutdown and the tightening of goods intensify, the market before the holiday may be another round of gains or it will come in the future.

     

        On the last trading day (September 17), the market sentiment of bisphenol A improved and enquiries increased.
    The negotiating part has exceeded the level of 19,500 yuan/ton.
    The spot supply is still tight, and the Mitsui plant is unexpectedly shut down.
    A rough estimate of the loss of production is more than 1,500 tons.
    Obvious support for spot prices; trading merchants are actively stocking goods, market speculation is gradually heating up, some downstream manufacturers have begun to purchase, and there are still reasonable fluctuations in the market before the holiday.
    The market is rising steadily and cautiously pushing up.
    It continues to stay high and low-end sources are difficult to find.
    The focus of shipment negotiations is mostly high-end.
    Imported goods are arriving one after another and are mostly signed by downstream factories.
    Therefore, the circulation of spot goods is still tight, but the overall delivery Investment is still average, and some downstream rigid demands are supported, and raw materials are purchased out of caution.
    The raw material phenol market continued to be weak, and some areas lacked support, mainly due to a slight decline; the acetone market continued to stalemate, with limited low-price supplies, and 13,000 tons of ocean-going ports arrived and pressure increased.
    The continuous weakening of raw materials, the weakening of direct costs, the impact of downstream energy conservation and emission reduction, the difficulty of starting operations, the weak purchasing intention of raw materials, and the general rise of the epichlorohydrin market, have a certain inhibitory effect on bisphenol A.
    According to market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the mainstream quotation in East China is 19,600-19,700 yuan/ton, the mainstream transaction price is 19,400-19,500 yuan/ton; the mainstream quotation in Huangshan is 19700-19800 The mainstream transaction price is 19,500-19,600 yuan/ton; the mainstream quotation in North China is 19,600-19,700 yuan/ton, and the mainstream transaction price is 19,400-19,600 yuan/ton; the mainstream quotations in South China are 20,100-20,200 yuan/ton, and the mainstream transaction price is 19,900 ~20,000 yuan/ton.

     

        Domestic bisphenol A manufacturers maintained stable operations at a high level.
    Raw materials are both weakened, costs have faded, spot supply is still tight, and the possibility of continued rise cannot be ruled out.
    Wait and see the market, cater to the operation, resources are still tight, supply is limited, part of the device suddenly fails, part is under maintenance, starting load is average, and the whole is external Supply is more limited.
    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 18,500 yuan/ton, mainly for downstream polycarbonate devices, and only a small amount of external sales.
    The 100,000+110,000 ton/year bisphenol A plant is maintained, the prilling tower device is faulty, partial overhaul, and the 100,000+100,000 ton/year polycarbonate unit is operating normally; Sinopec Mitsui’s ex-factory price is 19,000 yuan/ton, 120,000 tons/year The bisphenol A device encountered a minor failure, and it was temporarily shut down for maintenance on September 17-21.
    The contract was mainly supplied, and a small amount of market bulk was sold.
    The spot trend continued to be paid attention to; Wuxi resin was closed, and the pre-factory price was 17500~18000 yuan /Ton, the main supply is for Xitong epoxy resin plant (overall production capacity is 100,000 tons/year), Wuxi polycarbon grade products are completely self-use and ready for export, Nantong epoxy grade products are mainly for self-use, and some are exported, and Wuxi 25,000 tons/year The bisphenol A plant is operating normally and the load is relatively high.
    The 90,000 tons/year bisphenol A plant in Nantong will be shut down for maintenance and is scheduled to restart on the 20th; Zhongxin Chemical will be closed, and the initial ex-factory price of 16,900 yuan/ton, 25,000 tons/year of bisphenol A The device is operating at full load, the main product is self-use, the main supply is the Suicheng epoxy resin device (the overall production capacity is more than 50,000 tons/year), and the upstream 200,000 tons/year phenol ketone device is operating stably.

     

    (Our reporter Xue Shi)

     

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