Daily Review of Bisphenol A: Consolidation Operation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 2, 2009: The domestic bisphenol A market is consolidating operation and maintaining the market.
On the last trading day (October 30), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 10,900 to 11,000 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market on that day is the last trading day of the week and the month, and the trading atmosphere is light.
The intention is not high, pay close attention to the market trend, the wait-and-see atmosphere is strong, the transaction is slightly stalemate, domestic trading companies mainly stabilize prices, and the intention to push up is slightly slowed.
While the trading atmosphere is calm, it is mainly consolidating, and some are slightly higher.
The downstream is trying to find low-priced sources of goods, and some of them are replenishing at reasonable prices.
The raw material phenol market is mainly consolidating and the transaction is not large.
The negotiation price in East China is 8600-8700 yuan/ton.
Buyers and sellers pay attention to the petrochemical enterprise policy; the acetone market mainly fluctuates within a narrow range and the transaction atmosphere is weak.
The negotiation price in East China is 6200-6250 yuan.
/Ton.
Since the beginning of the week, market discussions have risen, and weekend trading has been relatively quiet.
The current domestic price of pure benzene is strong, the external market of bisphenol A remains strong, the cost and external market support, and the confidence of merchants are relatively high.
At the end of the month, the overall sales are more reluctant, and the downstream inventory intention is slight.
Significantly, there are many inquiries, but the transaction is still sparse.
At the end of the month, the domestic market did not see much change, mainly within a narrow range.
The follow-up still needs to pay attention to the trend of raw materials and downstream demand.
It is expected that the market will continue to rise slightly, but the momentum is limited and the space is not large.

    On the trading day (October 30), the domestic bisphenol A market was operating in a consolidating manner, the offer was firm, and the price was basically maintained, but it was also heard that the price was slightly higher.

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