Daily review of bisphenol A: warming up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 5, 2010: The domestic bisphenol A market has heated up, and the market has been sorted out.
On the last trading day (February 04), the mainstream transaction price in East China in the mainstream market was temporarily hovering 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 market sentiment improved slightly on that day, mainly flat.
International oil prices and upstream raw material prices rebounded, resulting in a recovery of market mentality.
The previous low selling pressure has basically been released.
The negotiation may temporarily rise to 13,500 yuan/ton, and the focus of some selling prices will be slightly upward.
However, the holiday is approaching and downstream bulk purchases are rare, and the overall market transaction situation is still average.
On the previous day, the spot atmosphere recovered and the center of gravity moved up slightly.
However, the price demand can still be amplified and supported.
The international crude oil surged in the short-term and consolidated within a narrow range.
The pure benzene external disk reversed the decline, and the platform was increased to US$970/ton, plus the cost and the corresponding external disk.
Support, the bisphenol A market mentality has turned back to good, spot fluctuations within a narrow range, and attention to downstream market demand trends.
The raw material pure benzene was raised by crude oil yesterday, but the spot was constrained by weak demand.
Sinopec East China Branch led the decline by 200 yuan/ton to 7,800 yuan/ton; there were not many phenol spot resources, and the center of gravity in East China rose slightly to 11,500.
~11,600 yuan/ton; the market price of acetone remains the main one, and the negotiation in East China is 8900~8950 yuan/ton.
In short, the external market has gradually improved since this week, the market mentality has recovered, and the mentality of looking at stability before the holiday has strengthened.
Some of them follow the market to move in volume, mainly with narrow fluctuations.

    On the trading day (February 04), the domestic BPA market was slightly warmer, which was good for support-crude oil rose, pure benzene rebounded, and the market sentiment improved slightly in the early trading, with sporadic offers rebounded, and talks rebounded slightly, approaching the end of the year and downstream Demand is fading, inventory is temporarily digested, interest in stocking is little, and a small number of cargo intermediaries change hands; the overall situation has stopped falling and stabilized, short-term negatives are gradually digested, and the market mentality is eased.

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