Daily review of bisphenol A: mentality is slightly stable

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 12, 2010: The domestic bisphenol A market has a slightly stable mentality and temporarily stopped falling.
On the last trading day (June 11), the mainstream transaction price in East China in the mainstream market maintained a steady range of 15,000 to 15,200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market on that day was slightly better with the external environment-oil prices continued to rise, and the mentality improved slightly, but the overall trading atmosphere did not change significantly.
Merchant offers are still low, negotiated prices are basically maintained, social resources are gradually digested, and the sluggish raw material phenol ketones are under pressure.
The internal and external markets are polarized, and the wait-and-see atmosphere remains unabated.
At present, the chemical market is relatively weak, and upstream raw materials, downstream products, and related products are weakly down.
The mentality of both parties in the bisphenol A market is suppressed, and the sellers have increased their intentions to ship.
The subsequent closing higher, which seems to be positive, but the short-term bisphenol A mentality is still weak, and it is expected that the spot weakness will continue to fluctuate.
With the weak volatility of the bisphenol A market, behind it seems to be the recent weakening of the market, especially the direct raw material phenol ketone, which has further fallen.
The overall environment of bisphenol A is as follows: raw material support is weak, internal and external markets are severely upside down, import negotiations are light, and related products are substantially Down, downstream end users have a strong wait-and-see atmosphere.
The mentality of the pure benzene market is slightly better.
Some intermediary companies are looking for offers and downstream manufacturers are cautious.
The big order in East China is 6,000 yuan/ton; the phenol ketone market continues to fall, and the mentality is weak.
The negotiation price in East China is phenol 12400～ 12600 yuan/ton, acetone 6400-6600 yuan/ton.

    On the trading day (June 11), the bisphenol A market was weak and fluctuated, with different mentalities.

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