Daily review of BPA: The atmosphere is still weak

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 20, 2009: The domestic bisphenol A market atmosphere is still weak and narrow.
On the last trading day (October 19), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 10,700 to 10,800 yuan/ton.
According to analysis by market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was weak on the day and there were not many active offers.
The continued rise in crude oil was good for support, and the mentality of trading merchants was stable.
The negotiation range was temporarily maintained and transactions were concluded.
The scale is not large, and downstream manufacturers mainly digest inventory, some of them are tentative and inquiries, and market transactions are not many.
International crude oil has recently continued to rise, which has driven some chemical products to rise.
However, domestic BPA market demand dragged down and showed a slight ups and downs dilemma.
The market still needs to pay attention to crude oil, pure benzene, and its own external market trends, and also observe the attitudes of merchants and downstream follow-ups.
In.
The market has been consolidating throughout the day.
Although crude oil and Asian pure benzene continue to rise, the external market of bisphenol A has risen slightly, and low-priced sources are difficult to find.
However, the domestic market lacks scale support and weak rise; terminal demand is unlikely to improve in the short term, and in addition Related products fell after the holiday, which restrained BPA to a certain extent.
The overall trend of raw materials is improving and the cost is supported.
At present, the business mentality is slightly optimistic.
However, the downstream operation is not high, and it is difficult to see good results.
Some devices are operating with reduced burdens and fewer goods.
The overall market demand is sluggish and unreliable.
Trading is relatively deserted.
Short-term domestic The market continues to consolidate, and there is still little demand for good support, and the rise is weak.
The overall situation of lingering is difficult to fundamentally change.

    On the last trading day (October 19), the domestic BPA market continued to maintain stability, lack of negotiation, and a strong wait-and-see atmosphere, waiting for the market outlook; crude oil continued to rise, and the mentality was acceptable.

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