Recently, due to the decline in the bisphenol A industry start rate, Yanhua poly carbon 150,000 tons / year bisphenol A plant stop for maintenance, the industry is currently open near seventy percent. At the same time there is support from the cost side of phenol, phenol yesterday after the plant concentrated up 200 yuan / ton, so Bisphenol A market today high firm offer, Bisphenol A gross profit of more than 1000 yuan / ton is still considerable, in this case to stimulate the downstream epoxy resin followed the upward trend.
At present, part of the bisphenol A downstream fixed contract, some other after a period of restocking recently maintained just to follow up, bisphenol A manufacturers have a reasonable inventory, no pressure on shipments, a slight increase for several days, the accumulation of less into more overall formation of cost support; in this case, the market up atmosphere is obvious, prices continue to rise. Changchun Chemical, Lihua Yi offer up to 12,500 yuan / ton, August 17 East China bisphenol A market mainstream reference price at about 12,400 yuan / ton.
Another raw material epichlorohydrin, after last week’s low rebound of about 300 yuan / ton, this week the market also tends to stabilize, the price almost no change.
Bisphenol A current rate of increase, although not last year at every turn a day pull up more than 800, 1000 yuan of dominance, the downturn in the market industry chain for a long time in the downward channel. On August 17, the latest reference price of solid epoxy resin in Huangshan was around 17,200 yuan/ton, up 500 yuan compared with the same period last week; the latest reference price of liquid epoxy resin in East China was around 18,300 yuan/ton, up 600 yuan compared with the same period last week.
Kunshan Nanya 248kt/year plant load is about 80%, epoxy resin E-51 is not quoted for the time being.
Changchun Chemical’s 100kt/a plant load is about 60%, epoxy resin E-51 is quoted at RMB 17,800/t net ex-factory.
Yangnong Jinhu 170,000 ton/year plant is running normally, epoxy resin E-51 is not quoted for the time being.
Nantong Xingchen 160kt/a plant is parked, epoxy resin E-51 is not quoted for the time being.
Jiangsu Sanmu 200kt/a plant load is about 70%, epoxy resin E-51 is reported at RMB17,700/t net ex-factory, a single negotiation.
Hongchang Electronics 155,000t/a plant is running normally, epoxy resin E-51 is quoted at RMB18,800/t barrel delivered around the new order.
Baring Petrochemicals 145kt/a plant is running normally, epoxy resin E-51 is not quoted for the time being.
The epoxy resin market is running normally, epoxy resin E-51 is not quoted for the time being. The epoxy resin market is running normally because the raw material side is price, resin factory quotation is firm and upward.
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Post time: Aug-18-2022