Daily review of bisphenol A: the downward adjustment has not stopped

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 27, 2010: The domestic bisphenol A market continues to decline and has not yet bottomed out.
On the last trading day (May 26), the mainstream transaction price in the mainstream market in East China continued to be lowered to the range of 5,300-15,400 yuan/ton, and 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was light on the day, the market was downcast, sellers’ quotations were messy, the downstream interest in the market was low, and there were few buying orders.
Spot performance was chaotic and prices were uneven.
Inconsistent, the reference level of consultations has further fallen, and firm transactions have been few.
The recent chemical market remains weak, short-term market is unknown, and the wait-and-see atmosphere is strong; international crude oil has fallen sharply to 68.
75 US dollars/barrel due to the weak stock market and European debt.
The related product is pure benzene.
Tumbled by US$50/ton, the phenolic ketone spot market is sluggish, and the BPA market mentality is unavoidable; although crude oil futures continue to fluctuate, the outlook is difficult to predict, the market environment is not clear, the consolidation trend of BPA is difficult to change, and the spot market is weak The turbulence continues.
At present, the decline of bisphenol A is accelerating, the price is messy, some slightly higher quotations lack reference significance, the actual negotiated price continues to decline, sporadic small orders are lower, and some buying intentions have fallen by 15,000 yuan/ton.
The short-term bottom is still unclear.
Market participants enter the market cautiously.
Market terminal buying is weak, raw materials have repeatedly fallen, downstream epoxy resin shipments have become more difficult, and the focus of negotiations has dropped.
Solid resin parking or load reduction has increased, and operations have declined.
Liquid resin orders are mainly demanded, and the subsequent market is downbeat.
The industry's mentality Different, short-term can not be optimistic.

    On the previous trading day (May 26), the BPA market was lightly traded and the atmosphere was sluggish.

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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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