Daily review of bisphenol A: the center of gravity rises again

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 12, 2010: The domestic bisphenol A market quotation is firm and the center of gravity shifts upward.
On the last trading day (July 9), the mainstream transaction prices in East China in the mainstream market formed a high range of 15,300-15,500 yuan/ton, and the low-end raised it by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market remained strong on that day, the center of gravity has been elevated, the spot resources are small, and the quotation can be 16,000 yuan/ton.
The market has repeatedly Upstream and downstream are still purchasing on demand, and second-hand merchants in the market are more cautious, and the prices of some small orders are slightly higher.
The market price fluctuated at a high level throughout the week, and spot resources were slightly tight, which became the main bargaining chip for rising prices.
The buyer's atmosphere became heated, but the seller was very clear.
The high-end order appeared more cautious.
Solid resin customers were looking for low-end-epoxy grade-products.
.
Sinopec Mitsui's quotation recovered to 15,600 yuan/ton, basically in line with market expectations.
One of the downstream ones-polycarbonate-has seen a weak trend, the raw material pure benzene market has fluctuated repeatedly, and bisphenol A external talks are unattractive.
The buying intentions are mostly at 1750 US dollars/ton or slightly lower.
International crude oil continues its upward trend.
The spot price of pure benzene was stable and the external market rose within a narrow range; the spot supply of phenol was still tight, and the market digested the increase and fluctuated at a high level.
The negotiated price in East China was 13,700 yuan/ton; the weak consolidation of acetone, the negotiated price in East China was 5450-5500 yuan/ton.
Among them, phenol has been rising too fast recently, and phenolic resin, one of the downstream ones, is not easy to transfer at a high level, and resistance has increased.
Follow-up will pay more attention to market reactions.

On the last trading day (July 9), the BPA market fluctuated at a high level and showed strong performance.

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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.