Daily Review of BPA: Deadlock

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] January 18, 2010: The domestic bisphenol A market remains dominated and the market is deadlocked.
On the last trading day (January 15), the mainstream transaction price in the East China region of the mainstream market still maintained the range of 13,500-13,600 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s “stalemate” became a core feature on that day, the market continued to be stable, supported by high costs, and mainstream merchants were unable to sell at low prices.
Purchasing and negotiations remain stable for the time being, and the overall transaction and shipment situation is average.
The manufacturers of related product epichlorohydrin have soared, increasing market wait-and-see, and downstream cost pressures have increased, which is a certain negative for the bisphenol A market.
Raw materials fluctuate and are still supportable.
After the international crude oil declined, the intraday corrections were made.
The pure benzene fluctuated in a narrow range, the focus of spot profitable shipments fell, the demand for phenol was sluggish, the price fell, and the acetone stage was tight and maintained high.
The downstream epoxy resin fluctuates within a narrow range, and the focus of negotiations is on the middle and low end.
Some manufacturers of ring chlorine have increased significantly, and the actual transactions have yet to be implemented.
The epoxy resin market has no clear response and follow-up attention.
In short, demand suppression, market ordering, the trading atmosphere is thin, the cost is still high, the holding merchants have a calm mind, and the related products are pushing up the quotations.
The industry is cautious and wait-and-see, and the downstream market is not motivated.
The overall market is light and short-term high Mainly continue, market participants cautiously wait and see, weekend trading interest inertia diminishes, temporarily ups and downs are not easy, narrow fluctuations are the main ones.

    On the last trading day (January 15), the domestic BPA market fluctuated within a narrow range, shipments were slow, and the price quotation continued to be steady.

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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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