Daily Review of Bisphenol A: Exploring the Way

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 23, 2010: The domestic bisphenol A market is still on the sidelines with limited fluctuations.
On the last trading day (February 22), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 13,300-13,500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), there was still not much market trading on that day, and the downstream market entered the market sporadically to ask for prices and seek directions.
The external market was strong and the recent raw materials were rising.
Mainstream holders For the time being, wait and see, there are not many active offers, the transaction price is still limited, and the actual discussion is limited.
Spot trading on the trading days after the holiday was flat, and the market has yet to resume its popularity.
Supported by higher holiday oil prices and benzene, domestic manufacturers of raw material phenol ketones have gradually increased-quotations have been raised, ranging from 200 to 300 yuan per ton , The domestic cost of bisphenol A has further risen; cost support has increased, and the external market has been strong.
The sellers are cautiously optimistic, and actively pay attention to the recovery of downstream demand after the holiday and the operation of related products.
Short-term fluctuations are expected to be mainly within a narrow range.
After the holiday, the bisphenol A internal and external market is temporarily stable.
The external market refers to the negotiated price of 1570-1650 US dollars/ton (CFR China's main port).
There is still room for internal and external markets.
The import market will basically end in February, and the raw material market during the holiday season.
With the promotion and follow-up equipment maintenance, the cargoes of the manufacturers and suppliers appear to increase.
Some downstream and import merchants said that it is difficult to find the source of goods below US$1,550/ton (CFR China's main port).
They are actively paying attention to the follow-up market trends, and they are still weak.
There is a steady trend, and there is little real trading.

    On the last trading day (February 22), the domestic BPA market was weak and there were few transactions.

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