Daily Review of BPA: Cost Support

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 12, 2009: The cost of the domestic bisphenol A market continues to be supported, and the market is at a high level.
On the last trading day (August 11), the mainstream transaction price in the mainstream market in East China still moved up to the range of 10,800-11,000 yuan/ton, and the high-end price was raised by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), although the market was still able to move up on the day, it was gradually turning around.
Some profitable offers have intention to ship, which is good for accumulation, and domestic and foreign markets remain high.
, The offer is strong, the mentality of the trading merchants is acceptable, the sellers are not willing to take the goods at low prices; downstream manufacturers are waiting and watching, receiving goods cautiously, terminal demand is poor, cost transfer is difficult, downstream follow-up is limited, and the market continues to run at a high level.
Domestic market quotations are firm, lack of mainstream negotiations, merchants have an acceptable mentality and do not intend to ship goods at low prices, and the downstream is cautiously waiting and receiving goods are still negative.
The external disk market has been rising for three consecutive weeks.
The current negotiated price is 1,250 to 1,300 US dollars / ton CFR CMP, which is an increase of 60 US dollars / ton from the previous period.
The raw material phenol market is trending smoothly.
The negotiated price in East China is 8200-8300 yuan/ton.
Some merchants say that the shipment situation is not good, it is difficult to continue to rise, and the price is stable.
The acetone market is running smoothly, and wait-and-see is the main thing.
East China The negotiated price is 6000-6100 yuan/ton, downstream factories are under-starting, and demand is still sluggish.
Crude oil is consolidating within a narrow range, pure benzene in Asia is rising steadily, the phenolic ketone market is at a new high and continues to support the high level of bisphenol A, downstream terminal demand is running low, consumption is poor, cost transfer is difficult, and overall follow-up is limited.

    On the last trading day (August 11), the domestic BPA market was still up, and the atmosphere was relatively calm.

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