Daily Review of Bisphenol A: Temporarily Quiet

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 21, 2010: The domestic bisphenol A market is temporarily quiet and operating within a narrow range.
On the last trading day (June 18), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 14,900-15,200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the atmosphere of market discussions on that day was general.
The high-end interest is few, the downstream overall start-up is low, and the trading business has a wait-and-see attitude, and the intention to obtain goods is not strong.
At present, the market is calm, the holiday crude oil support is not obvious, the phenol ketone is further weakened, and the downstream demand is difficult to increase.
The current trend of bisphenol A continues to be controlled; at the same time, the internal and external disks of bisphenol A are seriously inverted, and the main downstream is epoxy resin.
, Polycarbonate-a substantial adjustment or adjustment is imminent, the market is worried about the risk of downward consolidation in the external market, and importers and downstream are cautious in entering the market.
The trading days after the holidays are short during the week and the market is difficult to have a clear direction.
The market continues to fluctuate mainly within a narrow range.
The characteristics are still calm.
The raw material pure benzene crude oil surged, and the spot market opened higher.
East China offered 6200-6250 yuan/ton, and the trading atmosphere turned active; the fundamentals of phenolic ketones were negative pressure, and the weak pattern was difficult to change.
The negotiated price in East China was 12,000～ phenol.
12,200 yuan/ton, acetone 6,350 yuan/ton, recently paid attention to the direction of domestic petrochemical companies.
This week, the market has a short trading day and related products have yet to be clarified.
The phenolic ketone spot is difficult to change, and the bearishness is still there.
The overall atmosphere of the bisphenol A market is limited.

    On the last trading day (June 18), the bisphenol A market was mostly on the sidelines and there were few transactions.

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