Daily Review of Bisphenol A: Inexhaustible fatigue

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on May 4, 2009: The domestic bisphenol A market is still sluggish and declining.
On the last trading day (April 30), the mainstream transaction price in East China in the mainstream market barely maintained 9200-9300 yuan/ton, but the low-end was the main one.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was thin on that day, with few transactions, the whole market was priceless and weak, with a strong wait-and-see atmosphere and few transactions.
During the "May 1st" festival, market participants gradually leave the market, and after the festival, major manufacturers continue to operate at low load, and the number of export sales is limited.
Sinopec Mitsui and Bayer Shanghai all have maintenance plans in May.
The raw material phenol market is still in a weak state.
The holiday is approaching and prices are slightly weaker.
Transactions in East China are light.
Refer to the negotiated price of 7500-7600 yuan/ton, and small orders from downstream factories.
The acetone market continues to fall, and the decline in East China increases.
The price is 6500-6550 yuan/ton.
Due to the continued decline and poor downstream demand, market transactions are very light.
On Wednesday, the external market of pure benzene plummeted by US$40/ton.
After that, the market continued to fall and mentality was greatly affected.
In short, the raw materials are operating weakly, the downstream wait-and-see atmosphere is strong, the goods are cautiously, the market fluctuates mainly in a narrow range, and the transaction is limited.
Compared with the previous market, it is "ice and fire".
With the digestion of market profits and the consumption of downstream terminal inventory, many The bearishness gradually disappeared over time.
It is expected that under the high cost in the later period, the volatility and consolidation will gradually build a bottom, and the market is expected to gradually stop falling and stabilize.

    On the trading day (April 30), the domestic BPA market was still weak, and the focus of negotiations continued to decline slightly.

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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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