Daily Review of Bisphenol A: The market declines

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 24, 2009: The domestic bisphenol A market is weak and the market is declining.
On the last trading day (April 23), the mainstream transaction prices in the mainstream market in East China began to shift into the range of 9,800-9900 yuan/ton, and the low-end was reduced by 200 yuan/ton and the high-end by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market fell slightly on that day and was operating in a sluggish manner.
The negotiating level of 10,000 yuan was obviously not supported.
Some trading merchants have strong intention to ship goods, and downstream digestion Preliminary inventory is the main focus, and the procurement of goods is cautious.
The market is slightly weaker and the wait-and-see atmosphere is strong.
Some merchants are actively shipping, but market transactions are limited.
The raw material phenol was mainly consolidated, and acetone fell slightly.
Many merchants were worried about the market outlook for bisphenol A, and the operation was basically weak throughout the day; Phenol Gaoqiao Petrochemical increased 250 yuan/ton to 7,500 yuan/ton-it will not affect the local market.
The price of acetone in East China has dropped, and the negotiated price is 6800-6850 yuan/ton, and there is a lower quotation.
It is heard that imports are concentrated in Jiangsu and merchants have become more profitable.
The crude oil market is volatile and the price of pure benzene continues to fall.
The mentality of the bisphenol A market is slightly affected.
The atmosphere is general and transactions are limited.
Many trading merchants and downstream manufacturers gather in Suzhou, Jiangsu to participate in market seminars, resulting in a lack of bids and substantial discussions in the market.
less.
The main downstream epoxy resin and polycarbonate market of bisphenol A are slow to sell.
The wait-and-see atmosphere is strong and the market outlook is insufficient.
It is expected that the market will consolidate within a narrow range.

    On the trading day (April 23), the domestic bisphenol A market has weakened and the atmosphere has been weak.

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