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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] January 21, 2009: The domestic bisphenol A market is sorted out and the focus is shifted, on the trading day (January 20) The mainstream transaction price in East China, the mainstream market, temporarily enters the range of 7000-7100 yuan/ton, with an increase of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s “year flavor” began to grow on that day, with more and more traders leaving the market, the trading atmosphere was thin, and transactions were few.
Manufacturers continue to control the start of construction, but downstream consumption continues to shrink and parking is the majority.
As a result, demand continues to weaken and wait-and-see continues to intensify.
The overall market continues to remain stable, and the market performance is acceptable; in fact, the opening atmosphere this week is subtle and the overall market transactions are limited.
Once faced with "good"-the consumer sector stocking boom, but now it is basically over.
At the end of the year, epoxy resin manufacturers purchase on demand and have little intention to stock up.
The overall trading atmosphere is weak, and it continues to run at a stalemate in a slight consolidation; domestic bisphenol A Manufacturers are mainly self-sufficient, and limited supply is still mostly available on the market.
Near the Spring Festival, construction continues to be low, and no quotation is offered.
Wait-and-see operation is the mainstay, and the mentality is still flat.
Among them: Bayer Shanghai 11+100,000 tons/year plant is running smoothly, and the start of construction is maintained for five years.
70% of Sinopec Mitsui’s 120,000-ton/year plant has started (about 200 tons per day), direct supply contract users, Wuxi resin 16,000 tons/year plant shutdown + 25,000 tons/year plant load is average, Zhongxin Chemical 25,000 tons/ The equipment was overhauled and restarted.
On the trading day (January 20), the domestic BPA market remained stable, with weak operation and thin trading.
The main characteristics are: enhanced exit atmosphere, stalemate in market operation, limited production operations of manufacturers, increased exits of trading merchants, and downstream Buyers often have parking spaces-the overall wait-and-see atmosphere tends to be strong, with limited transactions mainly at RMB 7000/ton; it is already the last trading week before the holiday, and the atmosphere is light but reasonable.
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