Daily review of bisphenol A: deadlocked

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from January 5, 2010: The domestic bisphenol A market continues to wait and see and is deadlocked.
On the last trading day (January 04), the mainstream transaction price in East China in the mainstream market was still in the range of 12,800-13,000 yuan/ton, mainly high-end.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened after the holiday on the same day and there were many wait-and-sees, and it was not clear, and most merchants had few clear quotations.
The recent trend of pure benzene has been strong and the external price is high.
Some merchants below 13,000 yuan/ton are not considered, and there are sporadic downstream inquiries and few actual discussions; the overall characteristic is "strong wait and see", the market situation in various regions is clear, and the mainstream negotiation is temporarily limited.
Supported by costs and external disks, some merchants are cautiously optimistic.
, The downstream digests the inventory, and still wait and see.
In the middle and late last week, low-priced goods were gradually digested.
Weekends were closed to wait and see, and low prices were hard to find.
Since late December, US crude oil futures have risen for 7 consecutive days.
Support continues, the market cannot rule out a slight increase in prices, and actively pay attention to the pace of downstream follow-up.
Before New Year's Day, some merchants were under pressure on costs and sold to withdraw funds.
However, the current external market remained high and subsequent low-cost replenishment difficulties.
Spot low-price orders were quickly digested.
Mainstream first-hand merchants stuck to their prices and limited market downturn.
Recently, crude oil has risen continuously and pure benzene has risen excessively.
Short-term spot prices are expected to be supported by costs and rebound.
The demand side is still the control of the market in the later stage.
It is expected that the overall market will not have much room for shock.

    On the previous trading day (January 04), the domestic BPA market continued to be weak, and the activity level of the domestic bisphenol A market remained flat.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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