Daily review of bisphenol A: small fluctuations

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 13, 2010: The domestic bisphenol A market fluctuates slightly, and the atmosphere remains.
On the last trading day (May 12), the mainstream transaction price in the mainstream market in East China began to form a range of 16,300-16,400 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment continued to be flat on the day, the quotations fell, and there were more downstream wait-and-sees and the buying interest was low.
The pace of investment has been slow, the recent weak consolidation of bulk commodities, and the cautious attitudes of market participants.
As the spot market continues to fluctuate and weaken, small and medium-sized merchants have increased their shipping intentions and quotations are messy.
The high-end prices are mostly quotations, and lower prices are also heard.
The source of ocean-going goods is slightly lower by about 100 yuan/ton.
The phased consolidation of the commodity market is still continuing.
The overall market mentality is frustrated and it is difficult to be optimistic.
The intention to follow the flow of shipments is strong.
Many downstream users have a certain amount of inventory.
There is little interest in short-term market entry and a small amount of reasonable price to cover positions.
Due to the continued high stalemate in the external disk of BPA, it is still difficult to make up for the subsequent low price.
When the market is down, there are many people who pay close attention to and seek short-term opportunities.
The raw material market fluctuated and the weak trend continued.
Although pure benzene closed up in Europe, America and Asia, the spot performance was flat, and the short-term market was still bearish.
Phenol fluctuated within a narrow range, and the downstream was used at any time.
The mainstream negotiated price was 14,250 yuan/ton; acetone center of gravity It is also heard that the price will be lowered and lower, and the negotiation range will be 8300-8350 yuan/ton.
The current high level of the bisphenol A market is cautious, and the main downstream wait-and-see purchase interest is weak.

    On the last trading day (May 12), the pace of the BPA market slowed down, trading was weak, the market fluctuated within a narrow range, and continued to be cautious.

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