Daily Review of Bisphenol A: Raw Material Support

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 17, 2009: The domestic bisphenol A market is supported by raw materials and continues to rise.
On the last trading day (April 16), the mainstream transaction prices in East China in the mainstream market formed a range of 9,300-9,400 yuan/ton, and the low-end increased by 300 yuan/ton/ the high-end increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to rise slightly on the same day, but the wait-and-see atmosphere was thicker and the offer was less.
The later atmosphere was slightly more active and the offer increased.
Looking at the regional markets, the high-end negotiation can be at 9,500 yuan/ton-although the actual transaction volume is relatively small.
Trading companies are still operating more cautiously, constantly controlling the delivery speed, and the market mentality continues to improve; domestic manufacturers still have a low operating load and limited output.
Sinopec Mitsui's plant continues to stop, and the specific start-up time is to be determined.
The raw material phenol and ketone market continued to rise.
Among them, the phenol market manufacturers increased again sharply, the downstream market was insufficiently followed up, and the number of transactions decreased slightly.
The market outlook for trading merchants was mostly bullish.
The negotiated price in East China was 7200-7400 yuan/ton; the acetone market Differences and growth rates vary from region to region.
East China will wait for the Gaoqiao Petrochemical Policy to increase by about 50-100 yuan/ton to 6,400-6600 yuan/ton, while other regions have relatively large increases.
The upstream pure benzene market slightly corrected, the phenol and phenol ketone markets continued to rise, the downstream epoxy and polycarbonate markets showed signs of stocking, and end-user demand rebounded.
It is expected that the bisphenol A market will continue to consolidate slightly and operate within a narrow range.

    On the trading day (April 16), the domestic bisphenol A market was reorganized at a high level and slightly moved up.

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