Daily Review of Bisphenol A: The dishes are deserted

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 10, 2010: The domestic bisphenol A market is deserted and the market remains unchanged.
On the last trading day (February 9th), the mainstream transaction price in East China in the mainstream market continued to remain stable in the range of 13,300-13,500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere on the day was relatively quiet, the spot negotiation price level maintained, the stocking of mainstream manufacturers ended, some of them entered the holiday, and the sporadic replenishment transactions followed the market.
The market volume is limited; recently, the domestic BPA market has been weak, buyers and sellers have left the market more, and there is little interest in pre-holiday transactions.
International crude oil prices have rebounded moderately.
Pure benzene has continued to fall both internally and externally, and the phenolic ketone market has remained stable.
It is expected that BPA will continue to shrink.
The amount is light and steady.
As the end of the year approaches, market dealers are gradually leaving the market, downstream stocks are basically coming to an end, the start-up load is gradually reduced, coupled with the in-depth adjustment of oil prices and more wait-and-sees, the external market continues to stalemate, and there are few trading reports.
Since the crude oil fell last week, the pure benzene has dropped and fluctuated.
In March, arbitrary delivery was 900 US dollars/ton (CFR China main port), and in February, the cargo was negotiated at 923 US dollars/ton (FOB China main port); Sinopec Pure Benzene is lowered by 300 yuan/ton to 7,500 yuan/ton; phenol external disk supply is tight, rising 10-20 US dollars/ton to 1330-1420 US dollars/ton, internal negotiated price 11,600-11,700 yuan/ton; acetone is stable for 3 consecutive weeks, and the market buys Insufficient gas.
The BPA spot market has been deserted day by day, cost and external disk support, mainstream merchants are reluctant to sell at low prices.
Merchants say they will decide after the holiday and wait and see before the holiday.
The downstream stocking is gradually completed and some production is suspended.

On the last trading day (February 9th), the domestic BPA market was quiet in the early trading, the market was flat, active inquiries, quotations were scarce, and the external stalemate had a slight upward trend.
The oil price has recently fallen sharply, increasing market wait-and-see, holidays approaching, market buying The air is light, and the reference level of consultation is maintained, and there are few consultations and hearings.
The market rose slightly last week, and then stabilized.
This week, the terminal performed well and the transaction volume was average.
In the last week before the holiday, merchants and downstream gradually leave the market.
It is expected that the trading atmosphere will further diminish.
The upstream international crude oil plunged last week and dropped to 70 US dollars per barrel on Friday, which affected the overall market mentality.
It is difficult to change and consolidate before the chemical festival.
It is expected that the BPA spot will fluctuate within a narrow range.
With the sharp fluctuation of international crude oil and the weak supply and demand of raw materials, the growth rate of raw materials has been suppressed.
The risk appetite for commodities has shifted.
The strong dollar stage continues.
Bisphenol A provides support, but the trend of pure benzene has a greater impact, and more attention should be paid.
Domestic manufacturers maintain their main production and sales, and the overall market supply trend decreases, but imported resources are large and scattered, and domestic production has little short-term impact.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 13500-13600 yuan/ton, the mainstream transaction price is 13300-13500 yuan/ton; the mainstream quotation in Huangshan region is 13600 ～13700 yuan/ton, mainstream transaction price is 13500-13600 yuan/ton; mainstream quotation in North China is 13600-13700 yuan/ton, mainstream transaction price is 13500-13600 yuan/ton; mainstream quotation in South China is 14000-14100 yuan/ton, mainstream transaction The price is 13800~14000 yuan/ton.

    Domestic bisphenol A manufacturers are operating stably and responding to the market.
At present, the market is stable and mainly wait-and-see, and the overall start-up load is still limited.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name