Daily Review of Bisphenol A: Not much discussion

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 23, 2009: There are not many discussions on the domestic BPA market and limited trading.
On the last trading day (September 22), the mainstream transaction price in East China in the mainstream market continued to stay in the range of 10,800 to 10,900 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), there were not many shipments negotiated in the market as a whole on that day, and the reference negotiated price was still difficult to exceed 10,000 yuan.
The market’s wait-and-see atmosphere was not diminished, and there was insufficient purchasing enthusiasm.
Pay attention to the trend of raw materials and follow up downstream; the current domestic market is relatively sluggish, traders are not willing to sell goods at low prices, downstream manufacturers are testing inquiries and purchasing on demand, crude oil fluctuates and declines, Asian pure benzene markets are closed, and market attitudes are mixed , Narrow consolidation operation.
Therefore, the general characteristics are still shown as follows: strong wait-and-see, weak buying, strong wait-and-see, weak buying, low market transactions, and low-priced sources of goods are gradually disappearing; recently, Sinopec Mitsui and Bayshanghaier have raised their quotations to 11,000 yuan/ton.
, Sinopec's Mitsui Unit restarted at the weekend and operated smoothly.
Last week, the Asian bisphenol A market fluctuated within a narrow range.
The negotiation level was US$1230-1270/ton (CFR China's main port), and the high-end price was reduced by US$10/ton.
Due to cost pressure, Japan, South Korea and other places plan to further reduce production by 20%.
The raw material phenol market is weak and consolidating.
The negotiated price in East China is 7800-7900 yuan/ton.
The trading atmosphere is normal, and merchants are operating at stable prices.
They generally hold a steady view of the pre-holiday; the acetone market is weak and the prices of intermediate merchants are low.
The regional negotiated price was 5850 yuan/ton, and some first-hand merchants accompanied the shipment while waiting and watching, and the overall trading atmosphere was sluggish.

The downstream is still dragged down by the demand of the controlled terminal, the market is waiting and watching, and the active offer is not many.

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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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