Daily review of BPA: maintained at the beginning of the week

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] August 26, 2009: The domestic bisphenol A market maintained and temporarily consolidated at the beginning of the week.
On the last trading day (August 25), the mainstream transaction price in the mainstream market in East China remained stable in the range of 10,800 to 10,900 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market negotiation level on that day was close to 10,000 yuan, and it was still difficult to break through.
Rising, pure benzene fell intraday, operating within a narrow range, slightly affected mentality, the market temporarily operating within a narrow range, trading merchants have a better mentality, subsequent arrival costs are higher, and the wait-and-see atmosphere is thicker.
The raw material phenol market is calm and there is not much discussion.
The transaction price in East China is 8,000 yuan/ton.
Taking into account the gradual increase in the cost of goods and importers insisting on high transactions, the pressure of inventory continues; the acetone market is quiet, and the negotiation price is 6,000-6050 yuan/ Tons, in the face of excessively high external prices and a sluggish domestic market, some chose to close the market and wait and see, and their mentality was rather confused.
At the beginning of the week, the foreign cargo trading atmosphere was dull.
Manufacturers and suppliers have no intention to adjust prices.
The previous cargo quoted at US$1,300/ton (CFR China's main port).
The firm offer of cargo in Europe and the United States is limited.
The performance of pure benzene continues to fall.
Sinopec Mitsui resumed the restart.
Although the spot has cost support, but the momentum is insufficient, the importer re-examines the current high-level imports and does more on the wall; some near-ocean bonded goods are quoted with an intention of US$1,280/ton (CFR China main port) , Unattractive-half-month bonded cargo turnover of 1,250 US dollars / ton (CFR China's main port).
 

 
    On the last trading day (August 25), the domestic bisphenol A market was slightly reorganized.

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