Daily Review of Bisphenol A: Continue to push up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 25, 2009: The domestic bisphenol A market is still hot and continues to rise.
On the last trading day (November 24), the mainstream transaction price in the mainstream market in East China began to enter the range of 12,000-12,200 yuan/ton, and the low-end increased by 200 yuan/ton and the high-end increased by 300 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market offer continued to be firm on that day, actual negotiations rose again, cost support, and trade merchants’ attitudes were good, but they were reluctant to sell and continue to push forward.
, Downstream manufacturers still make up more on demand, and the overall market turnover is average.
Domestic manufacturers have seen a larger upward trend, the market is following up quickly, and overall negotiations are lackluster.
Many sellers are reluctant to sell their goods.
The downstream market is slow to follow up.
The market is steadily moving upwards, and transactions are difficult to increase; the same day closely followed the previous day’s manufacturers.
The upward adjustment, coupled with strong cost support, has resulted in firm market offers and an upturn in transactions.
The raw material pure benzene and phenol rose strongly, and the Asian market continued to rise by US$40/ton to US$1350-1400/ton (CFR China's main port).
The raw material phenol market is trending smoothly, and negotiations in East China are stable at 9900-10000 yuan/ton.
Importers have a stable attitude and are selling step by step.
The purchase of downstream manufacturers is still small; the overall acetone market has risen slightly, and some trading businesses are reluctant to sell.
East China The negotiation level is 7150~7200 yuan/ton, and the overall shipment is not much.
At present, the international crude oil fluctuates recently, and Asian pure benzene and pure benzene continue to support, the internal and external bisphenol A is rising, the wait-and-see atmosphere is strong, the demand rises slowly, and the market follow-up is slightly stagnant.

    On the last trading day (November 24), domestic BPA market offers firm, and the market goes up, supported by the cost of entrusted raw materials, domestic manufacturers continue to rise, the market fluctuates upward, and the transaction volume is difficult to increase.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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