Daily review of BPA: internal and external push up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 8, 2009: The domestic and foreign bisphenol A market continues to rise and run at a high level.
On the last trading day (April 7), the mainstream transaction price in East China in the mainstream market formed a range of 8,400-8500 yuan/ton, with the low-end raised by 100 yuan/ton and the high-end by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market had a strong wait-and-see atmosphere, fewer active offers, thin inquiries, few transactions, and a slight improvement in the level of negotiation and small orders.
Slightly higher, the market continues to rise slightly, trading companies are reluctant to sell, the downstream enters the traditional peak season, the market improves slightly, the raw material phenol ketone internal and external disks continue to rise, the bisphenol A external disk has broken "thousands of dollars", and the market merchants are more optimistic; The market both inside and outside the market rose, mainly driven by the overall rebound of raw materials and downstream—polycarbonate and epoxy resin.
The offer has been at US$950-1050/ton (CFR China’s main port), and some manufacturers still have further progress.
The intention to increase, the actual negotiation is 950-1000 US dollars/ton (CFR China's main port), and an increase of about 80 US dollars/ton from the previous period.
Thousands of tons of foreign goods are traded in this interval; in fact, the current foreign goods such as Korean and Taiwanese cargoes are mainstream.
The offer has disappeared at the price below 1000-1050 US dollars/ton (CFR China main port), near ocean 950 US dollars/ton (CFR China main port).
On the ocean side, discussions were also active.
1,000 tons of Spanish goods were sold at 980-990 US dollars/ton (CFR China's main port), and the shipment period was around mid-April, all of which were driven by costs and quickly made up for the increase.

On the last trading day (April 7), the domestic BPA market continued to consolidate, but inquiries were light, transactions were limited, the atmosphere was calm, the wait-and-see attitude remained, the shipments were light, the offer was firm, negotiations were maintained, the center of gravity shifted slightly, and the downstream digested the early stage Inventory and procurement are more cautious; some manufacturers are running at low load, and Sinopec Mitsui's 120,000 tons/year and Huizhou Zhongxin 25,000 tons/year devices continue to shut down.

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