Daily Review of Bisphenol A: Temporarily Calm

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 29, 2009: The domestic bisphenol A market is temporarily calm and stable.
On the last trading day (October 28), the mainstream transaction price in East China in the mainstream market was still in the range of 10,900 to 11,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere on the day was relatively calm, with the quotations of trading merchants firm, some closed orders were reluctant to sell, and downstream manufacturers were testing inquiries, and market transactions were low.
, The negotiation has not exceeded 11,000 yuan/ton, and some small orders are slightly higher.
Recently, costs have risen and domestic manufacturers have risen slightly with the market.
Trade merchants have a positive attitude and some are reluctant to sell.
However, the downstream follow-up is weak and the transaction is not good.
Therefore, the overall wait-and-see atmosphere is strong; the market continues to be strong, the volume of transactions is not easy, and discussions are limited.
, The atmosphere is slightly calm, cost pressures, and the intention of trading companies to continue to increase quotations, some of them have a slightly reluctant attitude to sell, and the intention of low-price goods is not high.
The raw material phenol market continues to show an upward trend.
The transaction price in East China is 8600 yuan/ton or slightly higher.
Some traders are still reluctant to sell and supply contract factories; the acetone market is mainly consolidating, and the negotiation price in the East China market is 6200-6250 yuan/ton.
, Most believe that the market is stable in the near future, and the trend in the later period is judged to be mixed.
At present, the cost of phenol domestic petrochemical companies is rising, and the northern region has transformed into a pattern of companies leading the rise and market follow-up.
The pressure on the production cost of bisphenol A is increasing, the market continues to push upward, and the price market is still likely to rise slightly.

    On the last trading day (October 28), the domestic bisphenol A market was dominated by consolidation and slightly higher.

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