Daily Review of Bisphenol A: Open to maintain

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 21, 2010: The domestic bisphenol A market is temporarily stable during the holiday season and remains open.
On the last trading day (February 20), 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), the market was mainly wait-and-see in early trading.
As the first trading day after the holiday, the inertia of the wait-and-see atmosphere was continued.
During the period, oil prices rose sharply, aromatic products rose, manufacturers were relatively cautious and optimistic, and there were few transactions that day.
The main point of concern after the holiday is first of all-the main downstream epoxy resin manufacturers, due to the different levels of preparation of raw materials before the holiday, some threatened that the inventory will be until mid-March, which means that the demand after the holiday will increase slowly, and the digestion of the inventory and the wait-and-see market may be possible.
Continue for a certain period of time.
According to the import statistics in December, half of the 56,000 tons of imports were merchants.
In addition, Sinopec Mitsui's high negative production in January is generally expected to have a large surplus in spot inventory, and the threshold for BPA is low and easy to operate, so the supply of goods is relatively scattered at the same time; In addition, the "variable" of epichlorohydrin in March is relatively large.
When and to what extent will be adjusted, it will have a certain impact on bisphenol A.
In short, we are optimistic about the high level of external disks and centralized maintenance in the first and second quarters.
At the same time, the trend of chemical bulk commodities, the recovery of downstream demand, and the trend of related products in March are worthy of attention; actively pay attention to the downstream load status and external disk trends, and anticipate costs and needs to be improved.
After that, the market may fluctuate higher.

    On the last trading day (February 20), the domestic BPA market atmosphere was still weak, and most of them had not yet returned to the market.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.