Daily review of bisphenol A: narrow fluctuations

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 29, 2009: The domestic bisphenol A market fluctuates within a narrow range and the market is deadlocked.
On the last trading day (June 25), the mainstream transaction price in East China in the mainstream market still maintained the range of 9,400-9,500 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’s mentality on the day was mixed, within a narrow range, and mainly oscillated.
Buyers and sellers were in stalemate.
The level of negotiation was still in the range and the center of gravity tended to the low end.
.
Some merchants have higher replenishment costs in the later stage, low-price sales intentions are not high, and more wait and see market trends.
The raw material phenol market continued to weaken slightly.
Low-price transactions in East China were the mainstay, and the mainstream negotiation level was 7000-7100 yuan/ton; the trend of the acetone market was stable than before, with wait-and-see negotiations and limited transactions.
The actual transaction level was 5400-5600 yuan.
The bisphenol A market has been weak throughout the day, and the market has weakened slightly.
The high-end is a small amount of bulk cargo and the low-end is ocean-going contracts.
The market is still relatively abundant.
The downstream demand is still weak and the market shipment is slow.
Traders have little confidence in the market outlook and shipment intentions.
Strengthened, fair transaction.
At present, the supply of goods is still relatively sufficient, the raw material support is weak, the downstream epoxy resin trading is light, the traditional demand is off-season, the end-user demand is difficult to change, and the short-term market oscillation is weakening; although the other downstream polycarbonate is good, some The regional supply of goods is tight and slightly upward, but the epoxy resin is slow and the market demand is still sluggish.
The overall demand for raw materials is limited, the market mentality is different, and it continues to operate mainly in narrow fluctuations.

    On the last trading day (June 25), the domestic BPA market's center of gravity fell, and the crude oil fluctuated, the mentality was frustrated, and the market continued to show a weak operation.

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