Daily review of BPA: market stalemate

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 21, 2009: The domestic bisphenol A market is temporarily stable and the market is deadlocked.
On the last trading day (September 18), the mainstream transaction price in the mainstream market in East China was temporarily stable in the range of 10,800 to 10,900 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was deadlocked and buying momentum was weak on that day.
The negotiation range can be maintained, and it is heard that it is slightly lower, but too low prices are difficult to become mainstream.
Due to cost pressures, most trading companies are reluctant to sell their goods.
The domestic production equipment maintains the original state of operation.
Sinopec Mitsui plans to restart next week, and the development is worthy of attention.
The raw material phenol market continues to be weak.
The mainstream negotiated price in East China is 7800-7900 yuan/ton, and the high-end is mostly based on quotation, and the purchase of downstream factories is limited; the acetone market continues to fall, and the negotiated price in East China is 5850-5900 yuan/ton, low-end Most of the transactions were made, some intermediate merchants left the market to wait and see, mainstream merchants ensured the flow of core users, and most market participants lacked confidence before the holiday.
As the National Day approaches, the enthusiasm for downstream stocking is still not high.
Epoxy resin manufacturers are under two-way pressure-the ear-made terminal demand is dragged down, and the cost pressure on the one hand is increasing.
Some manufacturers plan to provide limited quotations and have limited support for BPA.
However, follow-up The arrival cost support is relatively high, and the bisphenol A market shows a slight ups and downs dilemma.
Negotiations on the Asian pure benzene market are currently stable, with certain support from upstream raw materials, and high early-stage import costs.
Therefore, the short-term atmosphere of bisphenol A is slightly stable.

    On the trading day (September 18), the domestic bisphenol A market was sorted out.

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