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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 6, 2009: The domestic bisphenol A market is dominated by the consolidation and the trend is stabilizing, on the trading day (January 5) ) The mainstream transaction price in East China in the mainstream market continues to hover in the range of 7000-7100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trend tended to be stable and the atmosphere was flat on that day.
Around the main axis of 7,100 yuan/ton, the quotation was slightly higher and the negotiation was slightly lower, and the merchants continued to control Shipment rhythm, the overall spot available resources are average, some downstream are waiting and watching, and small orders are cautiously replenishment; the upstream raw materials phenol ketones are also mostly narrow disks, the mainstream negotiation level in East China: phenol 4700 yuan / ton, concentrated in port arrivals in the first half Acetone is 4900~4950 yuan/ton.
Many sources of RENAMO are in the process of customs declaration during festivals.
Spot resources are slightly tight, dealers are not under pressure, and the market continues to consolidate at the bottom; the market opens steadily after New Year’s Day, and both buyers and sellers do more Wait-and-see and practical discussions are limited.
At present, some people have not yet entered the market, and the atmosphere is still closed; domestic manufacturers, Wuxi resin 25,000 tons/year equipment maintenance plan has been postponed, and Sinopec Mitsui Mitsui’s 120,000 tons/year equipment continues to shut down for rectification.
The export plan is mainly for other manufacturers to maintain operation; the current period is the key week of the pre-holiday market, and the main reason is to continue to seek stability near the Spring Festival.
The two sides of the transaction have no intention of gambling.
The market mentality and the status of spot supply and demand are still the main factors of the fundamentals, and more In light of the market price quotations, all parties pay certain attention to this.
On the last trading day (January 5), the domestic bisphenol A market was on the sidelines, and some downstream were tentatively exploring inquiries and looking for directions.
Substantial discussions were still limited and the wait-and-see atmosphere was relatively strong.
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