Daily review of BPA: Imports are still good

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 27, 2009: The domestic bisphenol A market was weak and sluggish during the weekend.
On the last trading day (September 25), the mainstream transaction price in East China in the mainstream market remained in the range of 10,700 to 10,800 yuan/ton for the time being.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was still negligent on that day, and the intraday pure benzene fell continuously and continued to wait and see.
The buyers and sellers were not fully motivated to enter the market, and weakened slightly Since the decline, the market sentiment has been relatively mild, and transaction shipments have also lacked bright spots.
Crude oil continued to close in late trading, and Asian pure benzene plummeted.
The market is still waiting and watching, and when it is still weak, the changes in market mentality still need to be closely monitored.
Import statistics were released in August, which was only 40,460 tons, which was far lower than last week's market "rumors"-close to the level of 50,000 tons.
In the recent period when cargo transactions were relatively small, this data can be considered as an important factor for the current overall market supply.
It is a small positive factor.
Prior to May, June, and July, the distribution of imported goods in the first March, each month was used as a market trade source, and the quantity was limited-less than 1/3 of the total.
In view of the price trend and transaction situation in August, it is expected that the trade volume in September will not increase.
; At the same time, the average price is only $1168.
64/ton, which seems to be unfavorable for "cost support"-it is still linked to the current market price.
From the perspective of raw material market trends alone, it is difficult for both internal and external disks to maintain current prices, and the market outlook cannot escape the fate of weak consolidation of bulk products.
Recently, we will pay close attention to the upstream pure benzene and the changes in external disks.

    On the last trading day (September 25), there was not much discussion on the domestic BPA market, the market was weak, the atmosphere was light, and the market outlook of trading merchants was obvious.

Do you want to browse the unsaturated resin market information? Click to enter www.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.