Daily review of BPA: cost pressure

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 27, 2009: The domestic bisphenol A market is under pressure and has attracted much attention.
On the last trading day (November 26), the mainstream transaction price in East China in the mainstream market maintained the range of 12,000 to 12,200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market cost pressure continued on that day, and business dynamics became the focus.
There were not many overall discussions and a strong wait-and-see atmosphere.
The actual discussions were mainly mid-end and partly.
Small orders can be slightly higher, and the cost of raw materials is still supported.
Domestic trading merchants are still in a good mood, and some are still closed and reluctant to sell.
Domestic manufacturers' installations are stable and the market supply is normal.
The focus of the negotiation of raw material phenol is slightly higher, mostly affected by the price increase of Gaoqiao Petrochemical, the negotiated price in East China is 10100-10200 yuan/ton, market inquiries are acceptable, and overall negotiations are limited; another raw material, acetone, is lingering, and the price is negotiated in East China.
7300~7350 yuan/ton, first-hand merchants are reluctant to sell and have a strong bullish mentality.
At present, terminal demand is slowly increasing, and some downstream inventories are gradually digested.
At the same time, we will test inquiries and replenish on demand; domestic phenol and acetone continue to increase, and the production cost of bisphenol A is still increasing.
Follow-up manufacturer trends need to be closely monitored.
The overall market will The center of gravity oscillated upward.
In short, the cost is high and the pace of increase is firm-although the range is limited, it is no longer low.
The high cost support and the continuous rise of external disks have become a good support for the domestic market and the bullish mentality of trading businesses.
The downstream will follow the market and purchase small quantities on demand.
There is no obvious follow-up in the size of the transaction.
 

    On the last trading day (November 26), the domestic BPA market continued to be strong and operating at a high level.

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