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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 26, 2010: The domestic bisphenol A market continues to decline and decline.
On the last trading day (May 25), the mainstream transaction price in the mainstream market in East China will temporarily maintain the range of 15,500-15,600 yuan/ton, and reduce it by 100 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market trading atmosphere continued to be light on that day.
Some end customers in the downstream consumer industry, as well as merchants inquired and looked for directions, and intermediate merchants shipped shipments.
It is not easy, and the intended price is mostly around 15,500 yuan/ton.
Recently, domestic raw materials have accelerated decline and the direction of the external market is temporarily unclear.
Short-term wait-and-see and bottoming are underway; the external market has fallen by 30-50 US dollars due to the impact of crude oil and pure benzene.
Tons, to 1880~1920 US ton/ton, the 300-ton middleman changed hands and sold at 1850 US dollars/ton CFR.
The market direction is temporarily unclear, the major manufacturers' follow-up equipment maintenance, and downstream support stick to the price, but such a high level requires more caution than the cost.
.
The upstream raw material pure benzene continues to decline, Sinopec cuts 500 yuan/ton to 6,500 yuan/ton, and the spot price drops to 6,200-6300 yuan/ton; phenol ketone dark warehouse shipments are not lacking in the market, and the negotiated price in East China-phenol 13,600 yuan/ Tons, acetone 7,200 yuan/ton, lower prices are also heard, short-term weak consolidation continues.
The higher-end adjustment of BPA spot has been considerable, but due to the continued adjustment of the market and the poor market mentality, it is difficult to reverse the short-term weak consolidation trend.
It remains to be seen when the market bottoms out.
On the last trading day (May 25), the bisphenol A market had a strong wait-and-see attitude and lacked guidance.
The sub-quote was 15700-15800 yuan/ton for the near-foreign cargo department and slightly lower for ocean-going cargo, but it was not attractive to the downstream; the raw material market was weak, The center of gravity of the external disk is falling under the impact, the negotiated price range is down, and the downstream buying intention is low.
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