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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 14, 2011 News: The domestic bisphenol A market, relying on support, rose slightly.
On the last trading day (February 12), the mainstream transaction price in East China in the mainstream market began to form a range of 19,600 to 20,000 yuan/ton, and the high-end price was raised by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market atmosphere on that day was relatively quiet, with sporadic offers maintained at 20,000 yuan/ton, and high-end talks were approaching.
The industry waited and waited to enter the market next week.
Trading is scarce; after the holiday, the spot market fluctuates higher, and the high prices need to be firmed up.
Although the People's Bank of China raises interest rates and the commodity market is strong, the external market is rising and domestic manufacturers are actively raising prices.
The market attitude is more optimistic and stockholders are speculating.
The will is obvious.
However, as the last trading day of the first week after the holiday, the market sentiment is insufficient and the high position is waiting to see.
At present, the overall market atmosphere is good, and the internal and external markets are expected to promote.
The raw material pure benzene and phenol ketone are going up.
It is expected that the market will continue to fluctuate and rise next week.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 20,000 yuan/ton, the mainstream transaction price is 19,600-20,000 yuan/ton, and the high-end price is increased by 300 yuan/ton; the mainstream quotation in Huangshan area is 20,000 yuan/ton, and the mainstream transaction price is 19,700-20,000 yuan.
/Ton, high-end price increase by 300 yuan/ton; mainstream quotation in North China is 20,000 yuan/ton, 19700~20,000 yuan/ton, high-end price is increased by 300 yuan/ton; mainstream quotation in South China is 20500 yuan/ton, mainstream transaction price is 20100-20500 yuan/ Tons and high-end are raised by RMB 300/ton.
On the last trading day (February 12), the BPA raw material market support increased.
The recent weakness of WTI crude oil and the obvious premium over Brent may have a certain impact on the overall mentality, but the overall support is still acceptable.