Daily review of BPA: Slightly lower

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 2, 2009: The domestic bisphenol A market has declined slightly and the market is weak.
On the previous trading day (September 1), the mainstream transaction price in East China, the mainstream market, fell slightly to form 10,700-10,800 yuan/ton, down 100 yuan/ton.
According to analysis by market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the level of market negotiations on the day was slightly down.
However, most merchants did not intend to buy goods at low prices and the supply of low prices was limited.
Downturn, overall poor transactions, more cautious downstream market entry, strong wait-and-see-mainly digested inventory, transaction is temporarily unclear, global stock markets fell, European and American crude oil futures fell below 70 US dollars, market sentiment was slightly affected, weak consolidation operation.
The main characteristics of the market operation on that day were: downturn in negotiations, poor transactions, weaker operations, difficulty in mass production, and no significant changes in manufacturers’ installations.
Although the external offer was firm, the import market’s inquiries were weak and the intentions fell.
Complete indisputable clear facts, some intermediate merchants offer 1270-1300 US dollars / ton (CFR China main port), and market buying intentions are mostly below 1250 US dollars / ton (CFR China main port).
The raw material phenol market fluctuates within a narrow range, and the wait-and-see is strong.
The import source of East China is negotiated at 7900-8000 yuan/ton, the transaction center is slightly low-end, and the downstream is still mainly wait-and-see and small-order purchases on demand; the acetone market is entrusted with Gaoqiao to increase, Merchants followed the trend and the negotiation price in East China was 6,100 yuan/ton.
There were more market inquiries but lower prices.
The overall market volume was not good.

    On the last trading day (September 1), the domestic bisphenol A market had a general atmosphere and a strong wait-and-see attitude, with a stalemate and a decline in trading.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.