Daily review of BPA: It can be warm again

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 30, 2009: The domestic bisphenol A market is still on the rise, with a narrow recovery.
On the last trading day (March 27), the mainstream transaction price in East China in the mainstream market further formed 7600-7700 yuan/ton in Fujian, and raised it by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s enquiry atmosphere was active on that day, merchants continued to reluctant to sell and control the speed of shipments, market offers were firm, negotiations were slightly raised, and the enquiry atmosphere There was some activity, but transactions were still few; Sinopec Mitsui and Zhongxin chemical plants were shut down and overhauled until the end of the month, and they were no longer available to the external supply market.
Other manufacturers maintained their production load, and the domestic supply scale decreased again.
Market activity has increased; the external market continues to pick up, and offers continue to climb to US$880-900/ton (CFR China's main port).
Although the support for internal markets has increased, risks are also expanding, and most importers are operating cautiously.
At present, the mainstream cargo offers in the near-ocean area are 880-900 US dollars/ton (CFR China main port), and some transactions are 850-860 US dollars/ton (CFR China main port).
The negotiation of ocean cargo has gradually increased to 890~ US$900/ton (CFR China’s main port); the basic raw material, pure benzene, has recently experienced a blowout and exceeded US$500/ton (FOB Korea).
There is still a trend of further increase during the weekend.
Driven by this background force, the upstream phenol acetone The external disk has further pushed up, and the current regional market negotiated prices: phenol is at 640 US dollars/ton (CFR China main port), acetone is 620 US dollars/ton (CFR China main port).

On the trading day (March 27), the domestic bisphenol A market continued to rise, continued to rise slightly, and the search atmosphere was active.

(Our reporter Ye Hui)

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