Daily review of BPA: a substantial increase

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 27, 2010: The domestic bisphenol A market is positive and has risen sharply.
On the last trading day (August 26), the mainstream transaction prices in East China in the mainstream market began to form a range of 18,000 to 18,200 yuan/ton, and an upward adjustment of 1,000 yuan/ton.
According to analysis by market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the actual market shipments on that day rose by a full 1,000 yuan.
Following the obvious signs of warming up yesterday, it continued to rise on the same day, forming a skyrocket, which is rare.
Most businesses In the midst of reluctant sales and wait-and-see, downstream and intermediate merchants have increased inquiries, short-term rapid rise, market mentality is panic, and the overall wait-and-see atmosphere tends to be strong.
The downstream epoxy resin high-end finishing and polycarbonate market are general, and the high-end cost needs time to digest and follow up carefully.
Despite the recent decline in international crude oil and stock markets, the supply of bisphenol A has been tight and direct raw materials have risen.
This has stimulated the maintenance of the Yangxian trend, and merchants are reluctant to sell and have strong intentions.
The recent international crude oil has opened lower and fluctuated, and the raw materials have different trends: the upstream raw material is pure benzene.
Domestic and foreign markets were sluggish and trading was thin.
East China fell to 6,450-6550 yuan/ton, down 100 yuan/ton; phenol ketones were reluctant to sell and the manufacturers increased the market to follow up, and the price of phenol in East China was high at 15,000 yuan/ton, and some were small.
The order is higher; the price of acetone in East China is up to RMB 6,400~6,500/ton, and there is a short supply that can support it.
In short, the short-term bisphenol A raw material support is strong.
This week, the price market has risen for several days, and the tone has been established.
Most of the market is closed, and the market outlook needs further support.
It is expected that the market will fluctuate at a high level in the near future.

    On the trading day (August 26), the bisphenol A market resources are tight, the market is soaring, the wait-and-see atmosphere is strong, the negotiation can be 18,000 yuan / ton, the Nantong bisphenol A plant of Wuxi resin will be shut down next month, and the phenol ketone plant of Tianjin Petrochemical has unexpectedly failed.

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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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