Daily review of bisphenol A: digesting gains

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 23, 2009: The domestic bisphenol A market digests the increase and temporarily stabilizes the market.
On the last trading day (November 20), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 11,800 to 11,900 yuan/ton.
According to the analysis of market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market sentiment was general on that day, prices were maintained, crude oil fluctuated, and Asian pure benzene once again exceeded US$900/ton, and the cost strongly supported the bisphenol A market.
However, as the last trading day of the week, the market is mainly consolidating within a narrow range.
At present, it is mainly due to digesting the early benefits.
The price trend is stable, the overall negotiation is limited, the cost support, the mentality of trading merchants are acceptable, some continue to be sold and the overall negotiation is limited, and the domestic The manufacturer's equipment runs smoothly, and follow-up developments still need attention.
The raw material phenol market is consolidating at a high level, and the atmosphere in East China is slightly depressed.
Some intermediate merchants have profited and started to sell, which affects the market atmosphere to a certain extent.
The transaction price of small orders is 9900-9950 yuan/ton, and the price above 10,000 yuan is scarce; the acetone market is rising The decline was mixed and the trend was different.
The negotiated price in East China was 7000~7050 yuan/ton.
On the whole, the market quotation is firm and the market is consolidating.
Due to the continuous rise of the Asian pure benzene market, the domestic supply of pure benzene is relatively strong and the high level is firm, the phenol is consolidating at a high level, and the cost pressure is greater.
The external market of bisphenol A also remains strong.
This is stable and bullish.
Merchants cover their stocks and supply some old customers in small quantities.
The downstream still wait and see and purchase small quantities on demand.
The domestic BPA market continues to consolidate in the short-term, and there seems to be room for growth in the long-term.

    On the trading day (November 20), domestic BPA market inquiries were general and the offer was strong.

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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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