Daily review of BPA: Slightly weaker

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] January 28, 2010: The domestic bisphenol A market has weakened slightly and is beginning to show signs of weakness.
On the last trading day (January 27), the mainstream transaction price in the mainstream market in East China began to form a range of 13,400 to 13,500 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened on the same day and the operation was relatively flat, and some of the offers also fell, which was narrower than the negotiation.
The downstream is available for use and purchase intentions.
Flat, raw materials fluctuated downward, and the external market was temporarily stalemate.
Some bonded near-foreign goods were offered at US$1,650/ton (CFR China’s main port), and there was still room for negotiation; 1,000 US dollars/ton (FOB Korea), the cost support of bisphenol A weakened.
As the Spring Festival Golden Holiday approaches, the chemical market demand is gradually shrinking, and the bulk commodity market is under pressure-the stock market plummets, the US dollar exchange rate gradually strengthens-shocks and declines, the external environment of bisphenol A continues to weaken, and the current market price quotation continues for a long time.
, Before the holiday, merchants who are willing to ship goods have slightly different mentalities.
It is not impossible that the short-term market fluctuates within a narrow range and individual lows.
The domestic bisphenol A market is mainly organized in a narrow range, and the possibility of selling goods is not ruled out near the end of the year-individual funds are lacking, low-priced shipments, and the mentality is mainly "buy the bag for security"; however, most holders see the market smoothly, and downstream manufacturers Under greater pressure and little interest in entering the market, the overall trading atmosphere continues to be deserted.
It is expected that the short-term domestic BPA market will continue to maintain a narrow consolidation trend, and more industry insiders will wait and see.

    On the previous trading day (January 27), the domestic BPA market was sluggish, the atmosphere was sluggish, the offer level was down, the transaction center was lowered, there were not many market enquiries, and actual discussions were limited.

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