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    Home > Coatings News > Resin News > Daily Review of Bisphenol A: Wait and see rich

    Daily Review of Bisphenol A: Wait and see rich

    • Last Update: 2021-04-21
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] News on June 1, 2010: The domestic bisphenol A market remains strong and remains weak.
    On the last trading day (May 31), the mainstream transaction price in the mainstream market in East China temporarily hovered in the range of 15,000 to 15,200 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market atmosphere on that day was mostly wait-and-see, and merchants offered few offers.
    The downstream was affected by the downturn in related products, and there was little buying interest.
    It is difficult to form a clear shipment intention, and the negotiation range is weak to maintain; although international crude oil rebounded sharply last weekend, the support mentality improved slightly, and the ultra-low market price gradually disappeared, but Fitch lowered Spain’s credit rating and reignited investors’ euro debt Concerns, whether the international crude oil continues to rise is yet to be determined.
    The current bisphenol A market mentality is still fragile.
    Pay close attention to the external disk, domestic raw material market, and the recovery of production and sales in the downstream sectors.
    The market is expected to fluctuate within a narrow range.
    The spot price of bisphenol A in May fell by RMB 2,000/ton, which seemed to be insignificant compared with the nearly 100 adjustments in the other market.
    The early oil price plummeted, and the internal and external markets of pure benzene and phenol ketone fell.
    The external market of bisphenol A was facing greater pressure to adjust, and the trend in June The impact on the spot is very important.
    Most products have fallen deep, and will be supported by costs and supply and demand in the future.
    The room for further weakness is expected to shrink.
    Bisphenol A will also usher in a maintenance gap in June.
    The major negatives in the early period have been gradually released.
    The market is expected to fluctuate within a narrow range.
    External disk trends, downstream production and sales, upstream raw materials and related product trends.


    On the previous trading day (May 31), the bisphenol A market sentiment was light, the transactions were limited, and the downstream buying intention was below 15,000 yuan/ton.


    International crude oil once rebounded, but the impact on the spot market was not significant.





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