Daily Review of Bisphenol A: Inflation is still sufficient

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on December 9, 2009: The domestic bisphenol A market is still rising and the market is strong.
On the last trading day (December 8), the mainstream transaction prices in the East China region of the mainstream market, although maintaining the 12,500 yuan/ton platform, were strongly bullish.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market cost support was strong on that day, due to the continued rise of phenolic ketones, and the offer was firm near 13,300 yuan/ton.
Market wait-and-see increases, downstream manufacturers have a buying mindset, test inquiries, strong wait-and-see, lack of negotiation-cautious entering the market has become the main feature, pay close attention to the overall trend of raw materials; domestic bisphenol A manufacturers continue to adjust the rise, the market follows a firm, but the wait-and-see atmosphere is strong , The transaction appears to be weak, and domestic manufacturers of phenol and ketone once again raised their quotations, cost support, and the market may still follow up further.
On that day, the daily report was firm, and the mainstream of negotiations was not obvious.
Domestic manufacturers' installations were running smoothly and focused on pushing up.
Bayer Shanghai again raised 300 yuan/ton to 13,300 yuan/ton.
The raw material phenol market follows the inertial growth of manufacturers.
The negotiated price in East China is 11,100 to 11,200 yuan/ton.
Importers still control the supply of goods and the high position is strong; the acetone market is still rising, and the price in East China rises by 200 yuan/ton to 8,200 to 8,300 RMB/ton, some merchants reported it to RMB 8,500/ton.
Downstream epoxy resin cost pressures have increased and manufacturers have raised their quotations, but transactions are still not good, and merchants are paying attention to subsequent raw materials.
The direct raw material phenol ketone continues to rise.
Behind the cost support, coupled with the rise in foreign trade negotiations, follow-up changes in the domestic market can still rise and need attention.

On the last trading day (December 8), the domestic BPA market is still hot and continues to be bullish.

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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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