Daily review of BPA: limited finishing

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 7, 2009: The domestic bisphenol A market is limited in order and 2 weak operations.
On the last trading day (September 4), the mainstream transaction price in East China in the mainstream market remained in the range of 10,600 to 10,700 yuan/ton for the time being.
The analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn) indicated that the market was weakly consolidating on the day, trading was normal, transactions were normal, and the atmosphere was maintained.
The reference range can still be retained.
Manufacturers—Sinopec Mitsui, Bayer Shanghai—equipment is running smoothly, and the market supply has begun to increase significantly, but the demand has risen slowly and the transaction has been poor.
The raw material phenol market is running smoothly.
The negotiated price in East China is 7900-8000 yuan/ton.
Mainstream importers insist on high-end transactions.
The market has been operating in a weak state for a long time.
The downstream side waits and sees to purchase on demand to avoid later risks; the acetone market is light and the atmosphere is subtle.
The negotiated price in East China is 6050-6100 yuan/ton, and some merchants have sporadic inventory pressure and low-price shipments appear.
As the market’s weakness continued on the weekend, negotiations were basically stable, and slightly lower prices also appeared.
However, they lacked guiding significance for the market, downstream demand was poor, and transactions were slightly stalemate.
International crude oil fluctuates, sub-pure benzene in Europe and the United States continues to fall, weak support for the external disk of bisphenol A, the domestic market supply has increased significantly, but the terminal demand has risen slowly, the market lacks support for volume, and the overall accumulation of negative factors has increased.
The actual atmosphere is happening.
Changes, the market continues to fluctuate weakly.

    On the trading day (September 4), the domestic bisphenol A market was stable, and continued to be weak and consolidating.

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