Daily Review of Bisphenol A: Weakness and Stability

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 22, 2009: The domestic bisphenol A market is sluggish and weak to stabilize.
On the last trading day (May 21), the mainstream transaction price in East China in the mainstream market remained at RMB 9,100-9,200/ton, with a decrease of RMB 200/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market oscillated on that day and was reluctantly downgraded.
The transaction range was narrow and the low-end was mostly ocean-going sources.
Demand was sluggish and downstream purchasing intentions were weak.
The overall transaction is still limited.
At present, the market is sluggish and the market is slightly lower.
Bayer Shanghai and Sinopec Mitsui have stopped for maintenance, but they have little impact on the saturated market.
Downstream manufacturers mainly digest the previous inventory, and the consumption demand for bisphenol A is bleak, and market transactions are few.
International crude oil prices exceeded US$60/ton, and pure benzene continued to rise.
The source seems to be good.
However, the bisphenol A wait-and-see atmosphere is relatively strong and the market continues to consolidate.
The main characteristics of the current market are as follows: demand is sluggish, the focus of negotiations is weak, the weakness is weak, and the negotiations are weak.
The Asian installations will be intensively repaired in mid-to-late May.
This good news is worthy of recognition, but in the face of sluggish demand, the market is still weak.
, Some intermediate merchants follow the market, with a slight intention to sell goods, and market transactions are limited.
The raw material phenol market is weak, and Gaoqiao Petrochemical’s downward adjustment is negative.
The negotiation price in East China is 7000-7100 yuan/ton.
Market confidence is lacking, pessimism is aggravated, and the downstream factory orders are not good; the acetone market demand is sluggish, and the transaction is limited.
The price is 5650~5700 yuan/ton.

    On the trading day (May 21), the domestic bisphenol A market was sluggish.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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