Daily review of bisphenol A: a slightly stable mentality

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 1, 2009: The domestic bisphenol A market has a slightly stable mentality and the market is still weak.
On the last trading day (June 30), the mainstream transaction price in East China in the mainstream market rebounded slightly to the range of 9,400-9,500 yuan/ton, an increase of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was affected by the rebound of entrusted crude oil on that day, the mentality improved slightly, the level of negotiation increased, the downstream sluggishness was difficult to change, and the transaction news was temporarily small, and the market was still small.
Weak operation; trading merchants and downstream industry manufacturers mainly wait and see, and transactions are limited.
The current poor demand is still a constraint-becoming the main factor restricting the improvement of the market.
Crude oil prices fluctuated and returned to the $70/ton mark.
Pure benzene in Asia consolidated within a narrow range.
The support for bisphenol A increased slightly.
The bisphenol A market is expected to consolidate within a narrow range.
The wait-and-see atmosphere was strong all day and the overall transaction volume was limited.
Bayer Shanghai and Sinopec Mitsui units restarted, but there are still no sales at present.
The external disk fell slightly last week, and confidence was slightly suppressed.
The current negotiation level is US$1100-1140/ton (CFR China's main port).
The raw material phenol market continued to fall.
Downstream factories purchased on-demand, and import merchants shipped them on the market.
The price in East China dropped to 7,100-7,150 yuan/ton; the acetone market continued to fall and the price was chaotic.
The price in East China was 5350-5450 yuan/ton.
With high social inventories and slow downstream consumption, market conditions are still not optimistic.
Crude oil fluctuated, the external market fell slightly, the domestic equipment was put into production, the downstream demand was sluggish and difficult to change, the market lacked favorable support, and the mentality of trading merchants was not good.

    On the last trading day (June 30), the domestic BPA market had mixed mentality and narrow fluctuations, the trading atmosphere was thin, and the actual negotiation level was lower.

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.