Daily review of BPA: Linkage moves higher

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 3, 2009: The domestic bisphenol A market is linked with internal and external disks and runs high.
On the last trading day (April 2), the mainstream transaction prices in the mainstream market in East China, although they maintained the 8,200-8300 yuan/ton range, they were actually high-end.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), market transactions on that day were still limited, and discussions were mostly at 8,300 yuan/ton.
Low-cost resources are currently hard to find, and market merchants have a better mentality.
The price quotations are firm, all parties are highly wait-and-see trends, and the quotations of merchants have risen further.
Prices continue to rise, there are certain conflicts in the downstream, and the preliminary inventory is relatively sufficient, partial digestion is the main task, and the transaction scale is average.
Although the downstream load is acceptable, the terminal demand has not improved much, and the related products of cyclochloride continue to rise and face cost transfer It is not easy, and the start of construction can be controlled flexibly under pressure.
Although crude oil prices fluctuated in Europe, the strength of the direct raw material market has not changed.
Among them, phenol even has the intention to jump up.
In short, the direct raw material market is operating at a high level; the bisphenol A market is driven by raw materials and strongly supported by external prices.
Maintaining a firm trend, the overall mentality is more optimistic than the previous period, while being stimulated by the high levels of other products.
However, due to the convenience of storage and easy entry, coupled with the early speculation by many merchants, the market supply is relatively scattered; especially the current market is widely profitable, and many terminals actively cover positions in the early stage.
The resistance of BPA in the future market increases, but it is high in the short term.
The operation situation continues.

    On the trading day (April 2), the domestic bisphenol A market was narrow and high, manufacturers continued to start construction, market offers remained firm, negotiated prices basically maintained, market focus rose slightly, domestic spot resources were limited, and merchants were reluctant to sell to increase prices , The downstream is cautious in obtaining goods, the overall transaction is not large, the external market continues to rise, and importers are more cautious in operating.

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