Daily review of BPA: offer is still firm

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from November 6, 2009: The domestic BPA market offer is still firm and the market is sorted out.
On the last trading day (November 05), the mainstream transaction price in East China in the mainstream market continued to run in the range of 11,000 to 11,100 yuan/ton.
According to the analysis of market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market reported that the market held firm and there were not many transactions.
The level of negotiation maintained the original trend.
Crude oil pure benzene closed higher at the end, and domestic phenolic ketones Sinopec Mitsui’s quotations have been adjusted upward along the way.
The mainstream trading merchants have a positive attitude, and some are reluctant to sell their goods.
The market continues to consolidate, and the transaction scale is limited.
The trading business has a fair mentality, and some closed the market to wait and see.
Crude oil has risen for 3 consecutive days.
The raw material acetone has tentatively pulled up, and it is expected to continue to rise slightly under this support.
The raw material phenol market continues to consolidate.
The negotiated price in East China is 8500-8600 yuan/ton, mostly in the low-to-mid range, domestic sources are few, and transactions are maintained at intermediate prices.
Importers have stabilized prices as planned, and no lower-priced transactions have been heard; acetone The market has a slight upward trend, and the downstream response is flat.
Supported by the higher cost of imported goods, the negotiated price in East China has remained stable at 6,150 yuan/ton.
Recently, crude oil has been mixed, and Asian pure benzene fluctuated within a narrow range.
The external market of bisphenol A is strong, and the internal transaction is not much.
The entrusted raw material acetone has risen.
Some trading merchants have seen a slight embarrassment and reluctance to sell.
Downstream manufacturers mainly digest inventory and enter the market.
More cautious, the overall market fluctuates within a narrow range, if costs continue to support, there is still a possibility of a slight increase.

On the last trading day (November 05), the domestic bisphenol A market was hovering and the consolidation was the main focus.
The trading business had a positive attitude and paid close attention to the trend of raw materials and downstream conditions.

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name