After the Spring Festival, by the majority of rising commodity prices, higher upstream and downstream of the strong demand has started supporting rigid, polycarbonate (PC) business mentality strong bullish, but the merchants reluctant to sell, not heavy volume trading floor.
Up to now, the East China market low-end products, injection-level discussions price 23900 ~ 24100 yuan (t price, the same below),glue stick to discuss high-end products in the price of 25,000 ~ 27,000 yuan, representing an increase from 100 to 300 yuan before the holiday. Overall, PC market sentiment back to the temperature, the venue reluctant to sell their bullish sentiment driven, short-term fundamental bullish. Parking by the impact of the global Bayer, the same bullish market outlook, business began to increase the price of tentative, the overall focus of talks move slowly.
Raw material prices, "the triple jump."
Bisphenol A spot price of the upstream high, raw materials, phenol, acetone, both higher, more optimistic attitude hold stocks supplier, controlling the amount of reluctant sellers, some push to offer more than 20,000 yuan,glue gun 20,000 yuan in reference to negotiate prices near to ocean-going cargo turnover for the Main; external disk quoted high prices in the 2450 ~ 2500 U.S. dollars (CFR), part of the negotiations in recent foreign interest in the 2400 ~ $ 2430 price (CFR).
January, bisphenol A sluggish tide changed in December, after the first Yang stable, the market price of the focus of substantial discussion on the move again to recover "lost" back to the top of 19,000 yuan. An early mid-market Tiaokonggaokai rosy all the way, in the beginning of the price of 18,000 ~ 18,200 yuan, based on quotes pulled up in mid-end to 20,000 yuan, about 19,500 ~ 19,700 yuan real high turnover, rose by 1,350 yuan two weeks, or as high as 7.46%. Here, speculators buy the dips, the downstream margin calls, operators reluctant to sell pull-up cargo hold, the market environment more active than ever, time is short, fast, or a market characterized by a large head. Improvement in market sentiment, both inside and outside plate linkage rise, increased demand before the Spring Festival rigid stocking, downstream resin cost pass such good superposition of this wave of market "triple jump" the main reason.
After the Spring Festival market performance Haoyuwangnian chemicals, the cost of support by the domestic market, bisphenol A high gains, the latest price of the current 19,600 in east China ~ 20,000, the market outlook remains bullish. The high prices of raw materials prices for the PC provides a solid foundation upward.
Tight supply market for the better.
To the current situation, due to insufficient domestic supply of PC device starts tight. This month, the Shanghai Bayer 20 million tons / year and Jiaxing Di by 10 million tons / year to start the two devices was only 50% of the PC. Jiaxing Di man Although PC device failure to restart the production line, keeping tension in external supply, to ease the shortage in supply of parts transferred from Singapore. Initial estimates, this month, 22,100 tons of domestic production in the vicinity of PC, basically the same as the previous month. China Taiwan, Taiwan's Chi Mei 14 million tons / year units of the optical devices and 20 million tons / year plant started in the 50% rate. Operating rate of the foreign PC devices are generally not high, for example, Kazan Russia, 65,000 tons / year plant capacity utilization rate of 70% to 80%, Japan is only producing small quantities of a light plastic injection, while the Bayer plant outside world except for China to stop. Supply the international market to reduce the overall supply, pushing up prices.
Currently, the Asian PC market, strong market, including optical-grade producers will increase intention to offer 100 to 150 U.S. dollars, China's Hong Kong to discuss the actual price of 70 dollars has been raised to 2910 ~ $ 3030 (CIF, China, Hong Kong); the mainstream of Taiwan stock market higher offer from 50 to 70 dollars, to 2690 ~ $ 2910 (CIF, China Taiwan).