Daily Review of Bisphenol A: Manufacturers soar

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 8, 2009: The domestic bisphenol A market has surged, driving the market.
On the last trading day (December 7), the mainstream transaction price in the East China region of the mainstream market began to rise to 12,500 yuan/ton on this platform, and the low-end increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), due to the support of cost, the price of manufacturers increased sharply on that day, prompting the market to move up quickly.
There is a strong wait-and-see attitude and few discussions.
The current market situation is fluctuating upwards.
.
Asia's pure benzene continues to rise, phenolic ketones are strong internally and externally, trading companies are bullish, constantly controlling the speed of delivery, cost pressures, and manufacturers are even more likely to increase prices.
The external market of bisphenol A raw materials continued to rise.
Among them, phenol rose for the seventh consecutive week.
Last week, it rose by 70-90 US dollars/ton to 1220-1320 US dollars/ton (CFR China's main port).
The supply is relatively tight; since mid-October, the external market of Asian phenol has risen by 34.
39%.
The spot price is stimulated by the continuous increase of Sinopec, and the offer of 11100-11200 US/ton in East China is temporarily unavailable.
Generally speaking, the cost of BPA market is supported and continues to rise, especially the foreign trade talks continue to set new highs.
Domestic phenol acetone manufacturers continue to raise the price.
BPA manufacturers have strong intentions to follow the increase.
Traders are bullish and continue to control and reluctant to sell.
Inventory is gradually digested and replenished on demand, and it is expected to continue to rise throughout the week.

On the last trading day (December 7), the domestic BPA market sentiment became hot again, the market was bullish, there was still not much negotiation, the price was mainly up, the market was insufficient, mostly affected by poor terminal demand, and the overall enthusiasm for entering the market was still average.
However, trading companies have a positive attitude and are a little reluctant to sell.

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

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