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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 24, 2010: The domestic bisphenol A market has a low sentiment and the market is maintained.
On the last trading day (June 23), the mainstream transaction price in East China in the mainstream market was temporarily stable in the range of 14,700-15,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trading atmosphere on that day was limited, the sellers’ intention to ship goods increased, and the negotiated price range was still in place.
The downstream still purchased on-demand and entered the market cautiously.
Market participants are cautious about the trend of the market outlook; the May import data of bisphenol A was released-more than 32,000 tons became a new low during the year, and the average price increased significantly.
The spot market was a little wait-and-see, and there were not many active offers, but the downstream demand did not change significantly.
, The interest in entering the market is not strong for the time being, the actual shipment price level is maintained, small order negotiations are the main focus, and market confidence is insufficient.
After the holiday, the international crude oil fluctuated and the chemical market performance was slightly differentiated.
BPA was affected by the negative raw materials and the decline in the external market.
The expected impact and the negative decline are consolidating; although the Asian installations are coming to an end next month, the output will rebound, despite the gradual social resources Diminished digestion, but weak downstream demand, is still not stronger than the market’s positive positives.
It is expected that the spot market will fluctuate within a narrow range.
At present, the regional market transactions are quiet and the atmosphere is low.
Buyers are facing the downward trend of the market and the wait-and-see sentiment is becoming more intense.
Traders are cautious in their operations and lack confidence in the market outlook.
It remains to be seen how to negotiate the price.
The situation of few transactions is ultimately difficult to be optimistic.
On the last trading day (June 23), the bisphenol A market atmosphere was still weak and trading was limited.
The offer hovered around 15,000 yuan/ton.
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