Daily review of BPA: slightly higher

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 3, 2009: The domestic bisphenol A market is slightly warmer and slightly higher.
On the last trading day (July 2), the mainstream transaction price in East China in the mainstream market could be at the level of 9,500-9,600 yuan/ton, with an increase of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the buyers and sellers in the market showed significant glue that day.
The overall market transaction is limited, the actual market is slightly higher, and the center of gravity is becoming high-end as a sign.
Domestic manufacturers continue to be immeasurable.
supply.
The raw material phenol market has stabilized, and the negotiation level in East China is 7000~7050 yuan/ton; the increase of sellers in the acetone market is mainly for speculative behavior of intermediate merchants, and the negotiation level in East China is 5300~5400 yuan/ton.
The market sentiment is fair throughout the day, the market is temporarily stable, and the external market and raw material costs are supported.
Traders can still have a good attitude; downstream epoxy resin is still sluggish, raw material inquiries have not increased significantly, and transactions are average.
Coupled with certain support from pure benzene and U.
S.
dollars, the short-term downturn in demand continues, the market rises are limited, and there is little room for it.
At present, crude oil fluctuates and Asian pure benzene continues to consolidate within a narrow range.
Domestic bisphenol A merchants have improved mentality and some are closed and wait-and-see; but downstream demand is still sluggish, the market has a strong wait-and-see atmosphere, and the end-user load is not high.
Narrow range fluctuations are dominant.
Disturbing characteristics still exist: market trading is thin, market adjustments are limited, some trading businesses are reluctant to sell and wait and see, and downstream manufacturers purchase moderate amounts.

    On the last trading day (July 2), the domestic BPA market has mixed mentalities and narrow fluctuations.

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