Daily Review of BPA: Insufficient Transaction

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 5, 2009: The domestic BPA market has insufficient transactions and limited transactions.
On the last trading day (August 4), the mainstream transaction price in East China in the mainstream market was temporarily stabilized in the range of 10,400 to 10,500 yuan/ton, and increased by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was still strong on that day, and merchants’ offers were firm.
The negotiation was completely established on the "10500" platform.
Although the market lacked substantial discussions, the cost continued High-level support and trading businesses have a positive attitude, but downstream follow-up is limited and cautious in taking goods.
At present, domestic market offers are firm and insufficient in substance, cost-driven and external markets are rising, and the overall mentality is good.
Sellers are still reluctant to sell and wait and see, some are closed and wait-and-see.
Downstream manufacturers are more cautious about inquiries and receiving goods, and the market continues to rise.
run.
In terms of external disks, the near-ocean market has generally risen to more than US$1,250/ton (CFR China's main port), and ocean-going negotiations have moved closer to US$1,300/ton (CFR China's main port).
Compared with the recent recent increase in costs and active transactions, The price difference between internal and external disks is further widening, becoming the main reason for the strong rise of spot merchants.
The international crude oil trend is strong.
After January, it once again crossed over 70 US dollars/barrel.
The Asian pure benzene market rebounded and closed up for several days.
In August, the cargo talks rose to 890 US dollars/ton FOB, which is bound to provide strong support to the downstream market.
Therefore, BPA spot The atmosphere is strong, and short-term price increases are still waiting.
It is expected that the market can still stabilize and improve, but it is difficult to break through the scale of negotiations, and many industry insiders wait and see.

    On the trading day (August 4), the domestic bisphenol A market continued to rise, low-priced goods were insufficient, and merchants had a positive attitude.

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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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