Daily Review of Bisphenol A: Gentle Warming

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 25, 2010: The domestic bisphenol A market is warming up slowly and the atmosphere continues.
On the last trading day (February 24), the mainstream transaction price in East China in the mainstream market has formed a range of 13,600~13,800 yuan/ton, an increase of 100 yuan/ton.
According to the analysis of market experts from China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market quotations on that day were further raised, and the high-end prices tended to be 14,000 yuan/ton, and even higher offers were heard.
Recently, the cost is driven and the market is cautious.
Optimistic, the downstream is still mostly wait-and-see, and the intermediary links of trading are the main ones.
However, the tide is rising, and some downstream positions are covered at reasonable prices.
The ocean is the main and the transaction is acceptable.
With the rising domestic prices and active intermediary merchants inquiries, domestic phenol continues to rise after the holiday.
The cost support of BPA has been enhanced, and the current external market is still strong.
Domestic manufacturers are under significant cost pressure and price.
Merchants are waiting to increase or wait and see.
There is no lack of potential for further pull-ups in the spot market and active attention to downstream follow-up.
The raw material pure benzene fluctuated higher in the external market, the spot buying gas rebounded, the international oil price opened low and fluctuated in the intraday, and there were rumors that the pure benzene domestically increased; the phenol market spot is expected to further push up, Yanshan Petrochemical raised 200 yuan/ton, Gaoqiao Petrochemical followed the adjustment 150 yuan/ton; acetone fluctuates and weakens, and the decline is limited (about 50 yuan/ton).
The overall cost of bisphenol A has obviously risen and the support is obvious.
In addition, domestic manufacturers have encouraged and the focus of spot negotiations has shifted.
Although the relevant product epichlorohydrin is unknown and the actual downstream demand or restricted, the raw materials continue to push up the background and the short-term bisphenol A The trend of high-level operation continues.

On the trading day (February 24), the domestic BPA market opened up and the atmosphere was good.
The raw materials were strong and the manufacturers increased.

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