Daily Review of Bisphenol A: Still Wandering

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 22, 2010: The domestic bisphenol A market is still lingering and has declined.
On the last trading day (June 21), the mainstream transaction price in East China in the mainstream market began to form a range of 14,800-15,100 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened flat on the day and moved weakly.
Although the overall market resources are small, it is affected by weak downstream demand and the downturn of related products.
The overall performance of the market is poor, and if the level of negotiation declines, the middle and low-end products are mostly ocean sources, and trading is flat; recently the epichlorohydrin market is sensitive and attention has increased.
The downstream is cautious about bisphenol A, and still digests more or small inventories.
Orders are used as they are picked up, and the market volume is limited.
At present, the domestic bisphenol A market is calm, the holiday crude oil is rising strongly, the support is not obvious, the phenol ketone is further weakened, and the downstream demand is difficult to increase, which has become the main factor affecting the trend.
The market situation has been narrowed throughout the day, downstream demand is still poor, the raw material market trend is not very optimistic, the trading business is more cautious in the market outlook, following the market, trading is deserted, and the domestic bisphenol A market fluctuates.
The demand is dim, and the market is not easy to rise and fall-become the main feature of the current, but the downward trend is still there, the market is gradually finishing after the holiday, and the overall atmosphere is still not good.
International crude oil prices are mixed, pure benzene spot consolidation is dominated, and the phenol ketone market continues to decline-raw materials continue to decline, downstream demand is still controlled by related products, in a dim state, long-short game, trading merchants have different attitudes, and take the market as the main trend .

    On the trading day (June 21), the bisphenol A market atmosphere was general and mostly wait-and-see.

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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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