Daily review of BPA: mentality frustrated

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 26, 2009: The domestic bisphenol A market mentality is frustrated and the market remains unchanged.
On the last trading day (June 25), the mainstream transaction price in East China in the mainstream market could maintain the range of 9,400-9,500 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 constrained by crude oil and its mentality was frustrated on that day.
The market continued to show a weak operation.
Although the talks could be maintained, it was still slightly lower.
Downstream manufacturers are more cautious in receiving goods and the overall transaction is limited; as the market continues to run weakly, some trading businesses have a poor mentality and begin to actively ship goods, but downstream demand is sluggish and manufacturers are more cautious in obtaining goods.
Crude oil continued to fluctuate and consolidate.
Pure benzene had serious internal and external trading.
The wait-and-see atmosphere in the market was relatively strong.
The bisphenol A market continued to consolidate within a narrow range.
Market trade merchants have different attitudes.
Some intermediate merchants are profit-taking and shipping enthusiasm has increased.
However, the downstream receiving goods are still weak, and most of them wait and see the market.
The raw material phenol market is weak, and the negotiation is gradually becoming light.
Some merchants are under heavy inventory pressure and low prices are mainly used.
The center of market transactions continues to fall; the price of acetone continues to fall and confidence is insufficient.
The negotiation level in East China is 5400-5450.
Yuan / ton.
Crude oil rebounded slightly at the close of the previous day, pure benzene continued to fall within a narrow range, the domestic bisphenol A market had a strong wait-and-see atmosphere, downstream end-user demand was poor, raw material purchase enthusiasm was not high, market transactions were poor, and the market continued to fluctuate within a narrow range.
.

    On the trading day (June 25), the domestic bisphenol A market continued to be sluggish, the level of negotiation fell, the market mentality was different, and some intermediate merchants took profit-obvious differences in mentality and signs of selling goods; downstream manufacturers mainly wait and see , Poor transactions, as the focus of the negotiations fell slightly, the buyer's attitude of buying up and not buying down was affected, cautious wait-and-see increased, and the number of transactions was limited.

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