Daily Review of Bisphenol A: The market fell slightly

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 25, 2009: The domestic bisphenol A market is weak and the atmosphere is low.
On the last trading day (September 24), the mainstream transaction price in the mainstream market in East China, the range fell slightly to 10,700-10,800 yuan/ton, down 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market began to weaken on that day, the atmosphere was relatively thin, the overall transaction was not good, and the market outlook of trading merchants was obvious.
The raw material phenol market is operating steadily.
The negotiated price in East China remains stable at 7,800-7,900 yuan/ton, the surrounding market is sluggish, and the downstream receiving price is stable at a low level; the acetone market partially declines, and the negotiated price in East China is 5800-5850.
Yuan/ton, the volume of low prices is gradually decreasing.
The top raw material, pure benzene, reached a new low in the market-the price of 714 US dollars / ton FOB Korea was traded, and the outer disk of bisphenol A was loose-heard that the price of 1220 US dollars / ton (CFR China's main port) was traded.
The main focus is on digesting inventory, and a small amount is prepared for production during the holiday season.
It is expected that the market will be weak and weak.
In short, the overall domestic market has weakened during the intraday market, and actual discussions have fallen slightly.
The overall trend of upstream raw materials is not optimistic and support is limited.
Some merchants shipped low prices and supplemented funds before the holiday.
Comprehensive factors caused the weakness of BPA; some merchants prepared a small amount of goods in the early stage.
There is still inventory.
The current market is weak and the mentality is not good.
It is also because the downstream demand is not enough-the amount of polycarbonate and epoxy resin is not very large, the demand has not recovered, and the manufacturers are not actively waiting for the goods.
 

    On the trading day (September 24), the domestic BPA market did not have much discussion, the range moved down, the wait-and-see atmosphere was not diminished, and the buyers were not active in purchasing.

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