Daily Review of Bisphenol A: Stable at the beginning of the week

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 26, 2010: The domestic bisphenol A market was stable at the beginning of the week and maintained.
On the last trading day (January 25), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 13,500-13,600 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened quietly on that day, the operation was flat, the offer was maintained, and the transaction remained unchanged.
In December, the import volume was overwhelming, and the related product cyclochloride was at a high level.
The purchase of raw materials is cautious and there are few buying intentions, and the overall transaction situation is even more average.
According to the latest statistics from the customs, in December 2009, my country’s total imports of bisphenol A amounted to 56,186.
345 tons, with an average price of $1,328.
52/ton.
The volume of imports increased by 36.
86% from the previous month; the cumulative amount of imports from January to December was 513,751.
956 tons, this news.
To a certain extent, it shows bearishness.
Recently, the market has been trading sideways and buyers and sellers have been in a stalemate.
Last week, international oil prices fell sharply to below US$75/barrel.
The macroeconomic impact of tightening liquidity and other negative impacts impacted commodity market trends.
Related products epichlorohydrin were running at a high level; The high cost of bisphenol A and the high external market are good for long-term survival, but it is still difficult to achieve a price breakthrough in the short term.
It is expected that a narrow range at the beginning of the week will prevail.
To sum up, the recent domestic bisphenol A market has shown negative news-imports hit a new high in December.
Fortunately, costs have further increased and short-term buyer-seller games continue.
The market has been under market conditions for a long time, and there is no lack of possibility of slight lows, but there is room for fluctuations.
It should be limited for the time being.

    On the last trading day (January 25), the domestic BPA market sentiment was general and the market was stable.

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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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