Daily review of BPA: a slight improvement

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 4, 2009: The domestic bisphenol A market has shown a slight improvement, with average transactions.
On the last trading day (June 3), the mainstream transaction price in the mainstream market in East China slightly rebounded to 9,000 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, and merchants shipped cautiously.
There were still parts of the market closed, waiting for the market to become clear, and low-cost resources were slightly hard to find.
, Downstream demand is sluggish, and the scale of market transactions is still limited.
Restricted by the turbulent operation of the crude oil market, the bisphenol A market is more wait-and-see, merchants are closed, and the market is gradually increasing.
However, the terminal market demand is sluggish, the downstream digests inventory mainly, the enthusiasm for raw material procurement is not high, market transactions are limited, and the market is weak and consolidates Run-based.
Energy prices at the top end of the support continue to rise, merchants are breeding hype intentions, quotations are firm, downstream manufacturers generally start operations, shipments are not smooth, part of the inventory is mainly digested, and the transaction has not changed significantly.
At present, international crude oil continues to rise and basic costs are supported to a certain extent.
However, spot resources are still abundant.
Downstream epoxy resin trading is thin and terminal demand is sluggish.
It is difficult to change.
The short-term market continues to be stable.
At the same time, the supply of goods in the hands of trading merchants, with the gradual replenishment of late arrivals, the overall cost has risen, the intention of low-price shipments has diminished, and the buyers and sellers are temporarily stalemate and wait and see; therefore, the short-term downward pressure is not great, but the market rebounds upwards, and it seems that the market is not strong Great, with the gradual transmission of costs, the market is likely to improve.

    On the last trading day (June 3), the domestic bisphenol A market has slightly improved, and demand is still sluggish.

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