Phenolic resin market daily review (December 06)

The domestic phenolic resin market is stable. In the weak market and low-key, from the fundamental point of view, the negative factors are limited. As the downstream demand enters the low season of consumption and the factory equipment is shut down, the weak pattern of phenolic resin will continue. In addition, the raw materials, especially phenol, continue to consolidate in the market, and its cost support is limited. Therefore, the market has been fluctuating in the near future, and the short-term operation of the business is the main. Recently, relevant national policies have been introduced frequently, commodity prices have fallen sharply, and the phenolic resin market has been dragged down by some, but the stocks are limited and the cost price is high. These factors can still support. The current market has a strong wait-and-see atmosphere and weakened demand. Most businesses choose to stay on the sidelines and expect shocks to continue. At present, the phenolic resin market is weakly organized and the price fluctuates within a narrow range. The effect of power cuts is obvious, and the phenolic resin stocks are kept small. In view of the fact that many fundamentals have not improved significantly, coupled with a sharp increase in inflationary pressures and increased market concerns about tightening policies, it is expected to remain volatile. Finishing, business light warehouse operations. In short, the raw materials are weakly operated and adjusted slightly. The overall negotiation is limited and the support is general. The phenolic resin manufacturers are striving for stability, the downstream demand is still light, and the market mentality is suppressed. The market is weak and volatile, and the merchants are lightly operating. The recent market price fluctuates within a narrow range and the power cuts are reduced. Obviously, the product inventory is maintained at a small amount, and the market tightening policy is worried. It is expected that the market will remain volatile throughout the week. According to market experts from China Phenolic Resin Network (), on the trading day (December 3, 2010), the domestic trading volume of phenolic resin was limited, including: Shandong market: liquid 15000 ~ 15300 yuan / ton , solid class 15500 ~ 16000 yuan / ton. Henan market: liquid 15300 ~ 15700 yuan / ton, solid 15500 ~ 16000 yuan / ton; Jiangsu market: liquid 15500 ~ 15800 yuan / ton, solid 16500 yuan / ton.

On the trading day (December 3, 2010), the domestic market for phenolic resin raw materials was slightly adjusted. Among them: the phenol market entered the end of the month, maintaining the main, domestic petrochemical enterprises began to settle at the end of the month, the dealers plan to complete this month, waiting for the next month to open the bill, the market is more wait-and-see, the trading atmosphere is weak, the transaction is limited, the importer is on the market For the market outlook, the domestic enterprise equipment is running smoothly. Gaoqiao Petrochemical has alternately overhauled the old district installations from December 6 to 16, and the Jilin Petrochemical ex-factory price has been lowered. The downstream bisphenol A manufacturers have been able to continue to decline slightly. Market buying intentions are limited and trading is limited. The downstream phenolic resin equipment is generally started and the market mentality is cautious. It is expected that the domestic phenol market will operate in a narrow range. The market for formaldehyde market maintained a downward trend and the turnover was sluggish. The main markets in Hebei and Shandong were lowered by 50-100 yuan/ton, and the transaction price fell to 1350-1400 yuan/ton. Most of the small orders were sold, especially in Hebei. Demand continues to shrink, stocks are high, individual companies do not count on cost, the market is slightly chaotic, the region is not high-end, low-end is not low; raw material methanol low-end refresh rate is weak, the port atmosphere is not changed, most methanol companies still ship There is resistance, so formaldehyde still lacks cost boost; most of the downstream urotropine and paraformaldehyde enterprises are shut down, and the wood-based panel enterprises have difficulty in survival and enter the “sleep” in advance. The sheet adhesive is difficult to be heavy and the shipment is not much, formaldehyde The market lacks strength support and limited consumption. According to market experts from China Phenolic Resin Network (), the actual price of phenol regional market is 14600~14700 yuan/ton in East China; 14700~14800 yuan/ton in Shandong area, 200 yuan/ton down; South China The area is 14700~14800 yuan/ton. The actual price of the formaldehyde regional market is 1450 yuan/ton in Lunan area; 1630 yuan/ton in Luzhong area; 1,500 yuan/ton in Luxi area; 1300~1400 yuan/ton in Hebei area; and 1710~1730 yuan/ton in Fujian area. , down 60 yuan / ton.

Domestic phenolic resin manufacturers have partially adjusted. The market price is relatively flat, the actual fluctuations are small, the news is still lacking, the energy conservation and emission reduction efforts are increasing, the downstream demand continues to be light and poor, the start-up is limited, and the high price is difficult to accept the goods; the phenolic resin manufacturers have different mentality, some hope the demand starts, the price Being able to go well, some worry that raw materials are weak and prices may fall. The price of raw phenol has fluctuated, but the demand is weak and the transaction is relatively limited. At the same time, the downstream demand continues to be light and dragged down. As the volume of transactions continues to shrink, the pressure on manufacturers continues to increase. According to the market expert of China Phenolic Resin Network (): Zhengzhou Double Pigeon Resin Co., Ltd., the price: 16,000 yuan / ton for powder type, 16500 yuan / ton for solid type, the device is normal, the price is temporarily stable, Main refractory phenolic resin; Zhengzhou Weiye Superhard Materials Co., Ltd. has no quotation, mainly phenolic resin; Henan Bangde Chemical Co., Ltd., quotation: friction and refractory solid resin 15500 ~ 16000 yuan / ton, liquid Resin 15000 ~ 15200 yuan / ton, the main organic abrasives, friction materials, refractory materials and other special phenolic resin; Yantai Jinyuan Chemical Co., Ltd., quoted at 16,500 yuan / ton, a single talk, the main friction material for phenolic resin; Zhengzhou Shuguang Chemical Co., Ltd. suspended production, restarted pending, and wait-and-see; Renxian Chengfeng Resin Chemical Co., Ltd., quotation: 17,000 yuan/ton for brake materials, 16500 yuan/ton for refractory materials, 16,000 yuan/ton for fireworks, main Phenolic resin; Shandong Yongli Refractory Co., Ltd., quotation: liquid class 14000 yuan / ton (down 500 yuan / ton), solid class 15500 yuan / ton, phenolic resin mainly engaged in refractory materials; Jinan Hayworth pin spring, quote: suspension of foreign quote, the main brake pads and fire-resistant phenolic resin.

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