Daily review of bisphenol A: a slight fall

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 25, 2009: The domestic bisphenol A market fell slightly and the market turned weak.
On the last trading day (June 24), the mainstream transaction price in the East China region of the mainstream market fell slightly to the range of 9,400-9,500 yuan/ton, down 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to be sluggish on the day, trading was sluggish, the level of negotiation fell, and the market mentality was different, and some intermediate merchants made profit-taking—— There are obvious differences in mentality and signs of selling goods; downstream manufacturers mainly wait and see, and the transaction is not good.
As the focus of negotiations fell slightly, the buyer's buying up and not buying down mentality was affected, and the cautious wait and see increased, and the number of transactions was limited.
Crude oil fluctuated slightly, and pure benzene continued to consolidate within a narrow range.
The bisphenol A market oscillated within a narrow range, and the focus of negotiations fell slightly.
The market was a strong wait-and-see atmosphere and transactions were limited.
With the signs of selling goods in the internal market, especially the continued sluggish demand, the lack of enthusiasm in the market and the cautious acquisition of goods, various negative factors suppress the external market-the market has fallen slightly, and the current Asian offer is $1150/ton (CFR China) Hong Kong), buying intention is slightly lower by 20-30 US dollars / ton.
The raw material phenol market is operating weakly, and the negotiation level in East China is 7,100-7150 yuan/ton.
The market volume has slowed down slightly, and the pressure on port inventory is relatively high.
First-hand merchants have little intention to reduce prices and increase volume; the acetone market today is light and the negotiation level in East China 5450～5500 yuan/ton.
In short, crude oil hit a high and fell, the pure benzene market fluctuated within a narrow range, the external market for bisphenol A fell slightly, and internal discussions fell.

    On the last trading day (June 24), the domestic BPA market weakened, trading merchants were actively distributing goods, downstream manufacturers' demand was sluggish, the mentality of buying up and not buying down affected the market, and continued to operate within narrow fluctuations, with a slight decline The possibility still exists.

Do you want to browse the unsaturated resin market information? Click to enter www.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.