Daily review of BPA: finishing and stabilizing

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 10, 2010: The domestic bisphenol A market has fallen slightly and gradually stabilized.
On the last trading day (June 9), the mainstream transaction price in the East China region of the mainstream market began to form a range of 15,300-15,500 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s operating atmosphere on the day was generally normal, with a stop-up and consolidation, and the seller’s overall intention to ship goods slightly increased, but the cost was maintained and the follow-up supply was not much.
Below, the willingness of low-price shipments is not large, and the downstream mostly wait and see, and some small orders are replenishment, and the transaction situation remains flat.
The intraday spot spot market was weak in a narrow range, and the external market was high, but trading was not light.
At present, the international oil price fluctuates in a narrow range and direct raw material shocks dominate.
The commodity market trend is confusing; the downward adjustment pressure of the raw material phenol ketone market is still under pressure, and the related product epoxy chloride The bottoming of propane continues, and the downstream resin market is facing new challenges in June.
It is expected that the bisphenol A will fluctuate mainly in the near future.
At present, it is characterized by negative external shocks and small price drops, but supported by the supply level, some merchants are reluctant to sell at low prices, the market is not performing well, and small orders are mainly scattered.
The weakness of the upstream raw material market continues: the external market for pure benzene rises slightly, the spot price is weak, and the negotiated price in East China is 5900-6000 yuan/ton, and the center of gravity drops; the short-term phenol is still not optimistic, and Gaoqiao Petrochemical takes the lead in reducing 400 and 150 yuan/ton .
In short, the downstream and related products are weak, the wait-and-see is intensified, and the pace of shipments has slowed down.
Focus on the mentality of buyers and sellers, and focus on short-term narrow-range consolidation.

The bisphenol A market on the last trading day (June 9) was relatively calm with minor adjustments.
It was affected by the downward effects of raw materials and related products.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name