Daily review of BPA: temporarily maintained

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 17, 2009: The domestic bisphenol A market is temporarily maintained with limited fluctuations.
On the last trading day (December 16), the mainstream transaction price in East China in the mainstream market was still in the range of 13,300 to 13,500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market fluctuated within a narrow range on that day, and some merchants’ profit-taking, slightly lower and slightly higher profits were heard.
The decline and rebound, Asian pure benzene fluctuated within a narrow range, and the growth of direct raw material phenol ketone slowed down; the downstream market followed slowly, the transaction was average, the price market followed slowly, due to cost pressures, but the wait-and-see atmosphere was strong and the market was more cautious, and the market opened The buyer pays close attention to the raw materials and downstream conditions.
Currently, the market quotation is firm and the negotiation is running steadily.
Crude oil rose sharply yesterday after continuous small rubbing.
The Asian price of pure benzene rose slightly, the domestic market was stable, the price of phenol acetone remained stable at a high level, and the cost pressure continued to increase.
The strong demand for downstream polycarbonate led to a strong increase in the external disk of bisphenol A.
Merchants still hold a bullish attitude towards the market outlook; the related product epichlorohydrin is slightly disordered.
Buyers are focusing on this market, and their interest in entering the market is not strong, which affects the overall purchasing mentality of raw materials.
The current market atmosphere is slightly deserted.
In short, the market closed flat, and high-end transactions were limited.
With the increase in profit-taking operations, crude oil was weak, phenolic ketones slowed down, and the downstream was squeezed by the rise of dual raw materials.
Although the cyclochlorine manufacturers offered high prices, they continued to do more.
Momentum weakened, the market fluctuated within a narrow range, and the overall transaction situation was average.

On the last trading day (December 16), the domestic BPA market was operating within a narrow range.

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