Daily review of BPA: a slight increase in fatigue

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 24, 2009: The domestic bisphenol A market is slightly sluggish and the market is sluggish.
On the last trading day (June 23), the mainstream transaction price in East China in the mainstream market managed to maintain the 9500-9600 yuan/ton range.
The analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) indicated that the external influence of the market increased on that day-crude oil fluctuated and corrected, pure benzene consolidated within a narrow range, weakened weakness, and most of the transactions were concentrated in the middle and low end.
, Downstream manufacturers are particularly cautious when receiving goods.
The negotiation is light, and some small orders are mainly traded.
Buyers are generally limited in receiving goods and insufficient transactions.
The market is mainly subject to narrow fluctuations.
The total import volume in May was more than 45,000 tons, not counting the peak, but also on the high side, adding to the market’s wait-and-see atmosphere, trading merchants operating cautiously, and all parties involved in the market have different attitudes.
In terms of external disk costs, the cost of raw materials has driven the impact.
The Asian market has steadily strengthened by 10-20 US dollars/ton to 1120-1160 US dollars/ton CFR, but the downstream lacks cooperation and the upward resistance of the market has increased.
The raw material phenol market is weak and sluggish.
East China has fallen slightly.
The negotiation level is 7,100-7,150 yuan/ton.
The import volume in May has reached more than 50,000 tons, which also adds a bad news to the market; the acetone market continues to slump and declines, and short-term downstream demand shrinks , Increasing the desire of intermediate merchants to ship goods, and first-hand merchants are also passively following the decline.
The negotiation level in East China is 5500 yuan/ton.
Crude oil fluctuates, pure benzene fluctuates within a narrow range, and the external disk of bisphenol A is strong.
At present, terminal demand is not good and the market lacks transaction scale support.
The domestic bisphenol A market is operating within a narrow range.

    On the last trading day (June 23), the domestic bisphenol A market was stalemate and weak, the opening atmosphere was light, and there were not many active offers.

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