Daily review of bisphenol A: weak finishing

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 25, 2010: The domestic bisphenol A market is weak and has moved down slightly.
On the last trading day (June 24), the mainstream transaction price in East China in the mainstream market began to form a range of 14,600-14,900 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere of the market weakened on that day, some manufacturers' contract prices were slightly lower, and the continuous decline in spot prices further restrained the market mentality, and downstream inquiries Rare, small amount of on-demand low-level procurement, negotiating price adjustments, limited volume, market procurement interest is less and more bearish; related products-epichlorohydrin-slightly pick up, see cooling, downstream digest inventory, wait-and-see atmosphere concentrated.
The current weak demand suppresses market confidence.
Recently, the market has been weak and fluctuated, and the pace of heavy volume has been slow.
In view of the negative economic and demand data, crude oil has fallen sharply, and the chemical product market has impacted Europe and the United States.
The narrow-range oscillation pattern will continue.
The market sentiment remained sluggish that day, and poor terminal demand eventually became a resistance.
Buyers generally purchased passively.
It seemed that overall demand was limited.
Market participants continued to cautiously wait and see, and some shipment prices continued to be slightly lower.
Down-season epoxy manufacturers are not motivated to purchase in the market, coupled with the impact of loosening of foreign markets, and poor market mentality.
It is not ruled out that some people who lack funds will have slightly lower shipments.
Currently, the quotations of trading merchants have been low, and some of them are only at 14,700 yuan/ton.
nearby.
 

    On the last trading day (June 24), the market atmosphere of BPA was limited, and there was still a downturn.

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