Daily Review of BPA: Long and Short Standoff

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from January 22, 2010: The domestic bisphenol A market is still not easy to rise or fall.
On the last trading day (January 21), the mainstream transaction price in East China in the mainstream market continued to maintain 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 continued to consolidate on that day, the level of negotiation was maintained, stagflation turned into shock, and the current stalemate continues to break the convention of “long-term trading must fall”.
However, the demand for the main downstream epoxy resins is flat, and the raw materials are also more readily available in the near future.
The international crude oil market fluctuates, and the domestic pure benzene market is consolidating at a high level.
Manufacturers' prices are upside down and stable and firm.
Costs and foreign markets are good to support.
The price of related products epichlorohydrin is new high, and downstream conflicts continue to suppress the market demand for bisphenol A.
The bad news is good for the game, and the short-term domestic market will continue to narrowly adjust, and the downstream demand situation is worth watching carefully.
Since March, Asian installations have been shut down one after another, and major manufacturers are now under pressure to deliver goods.
The phased high level of BPA external disk continues, and the subsequent low level is difficult to make up.
Mainstream businesses are unwilling to sell at low prices.
The low-cost resources of BPA are gradually digested.
Although there are a lot of stocks, merchants have no pressure to sell or pay foreign exchange, and gradually increase the cost to consolidate the bottom of the market.
As the Spring Festival approaches, signals of policy tightening are frequently released, and the stock market and commodity market fluctuate widely, but the medium and long-term trends of commodities have not changed.
Even if the news of BPA is limited, the decline seems to be difficult.

    On the last trading day (January 21), the domestic BPA market sentiment was slightly better, oil prices returned to the upward trend, mainstream merchants stuck to their quotations, shipments below 13,600 yuan/ton had little intention, downstream on-demand purchases and buying intentions were 13,500 yuan /Ton, the actual negotiation is mostly high-end, and the overall transaction situation is average.

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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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