Daily review of BPA: the external market soared

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 31, 2009: The domestic bisphenol A market has risen within a narrow range and is still picking up.
On the last trading day (March 30), the mainstream transaction price in East China in the mainstream market began to form a range of 7,800 to 7,900 yuan/ton, with an increase of 200 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), there was a strong wait-and-see atmosphere in the market that day, trading merchants were reluctant to sell, price offers were firm, and the negotiated price approached 8,000 yuan/ton.
The overall transaction was average.
The market mentality is better, the negotiations are lighter, and the wait-and-see atmosphere is stronger.
On the supply side, manufacturers have limited changes.
Among them, Sinopec Mitsui’s 120,000-ton/year device and Zhongxin Chemical’s 25,000-ton/year device are scheduled to restart at the end of March and early April, when market resources will increase; other manufacturers are still operating.
Major merchants are reluctant to sell their goods and wait and see the market.
They continue to control the speed of goods delivery.
It is difficult to find low-price resources in the market.
The buying mentality is stimulated and the downstream replenishment intention is gradually increasing, but the market transactions are still limited.
The raw material phenol ketone market has risen both internally and externally, and the market has gradually become more rational.
The atmosphere is slightly active in the early stage of delivery, and the merchants have a better attitude and are optimistic about the market outlook; the main downstream markets have risen slightly, end-user demand is not good, and the delivery speed is slightly slow; external disk prices With the continuous rise and limited domestic spot resources, although the downstream demand is slowly increasing, the business outlook is full of confidence.
In view of the supply side and downstream demand trends, the market is still the focus of attention, and it is expected to rise slightly and the market posture will continue to operate.

    On the trading day (March 30), the domestic BPA market rose again.

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