Daily Review of Bisphenol A: Gently Picking Up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 2, 2010: The domestic bisphenol A market continues to warm up, and there is still a slight increase.
On the last trading day (July 1), the mainstream transaction price in East China in the mainstream market continued to form a range of 14,900-15,200 yuan/ton, with 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 sentiment on that day was slightly lower than before, but there was still a slight increase.
However, the overall chemical market fluctuated during the week, and the market was further cautious to chase the rise.
Sporadic offers are relatively high, and actual discussions follow within a narrow range.
Pay close attention to changes in relevant news.
At the same time, there is still less trading compared to spot and external markets.
International crude oil continued to fall, coupled with weaker external markets, raw material pure benzene spot was wait-and-see, profit gains increased, the downstream styrene market was weak, and the market mentality was more cautious; phenol fluctuated at high levels and contradicted high levels, and negotiated prices in East China at 13300-13500 Yuan/ton; the acetone market continues to fall and is difficult to improve.
The negotiated price in East China is 5600-5700 yuan/ton.
The domestic spot market for bisphenol A has risen continuously, rising by about 400 yuan/ton on the 4th, and it is not easy to find goods at low prices; however, international crude oil has fallen for three consecutive times, bulk commodities have been affected by consolidation, the market mentality has been more cautious, and the oil price pressure atmosphere has formed, even if phenol After the surge, it has stabilized.
The positive momentum of bisphenol A has weakened, and the market will turn to a high level for consolidation.
The ups and downs of international crude oil have changed frequently, and the raw material phenol has ended soaring.
Sinopec Mitsui is about to make quotations and shipments.
Recently, we have paid attention to changes in relevant news and is expected to be adjusted at high levels.

On the last trading day (July 1), the bisphenol A market fluctuated slightly and still rose.

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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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