Daily review of BPA: The market is temporarily stable

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 2, 2009: The domestic bisphenol A market has a slightly stable mentality and the market is still weak.
On the last trading day (July 1), the mainstream transaction price in East China in the mainstream market maintained a range of 9,400-9,500 yuan/ton for the time being.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the buyers and sellers in the market were stuck on the same day, and the reference negotiations continued to be the mainstay.
Trade merchants and many downstream manufacturers were still waiting and watching, with obvious differences in mentality.
, The overall transaction scale of the market is limited.
The market was mainly consolidating within a narrow range throughout the day.
The entrusted crude oil rebounded-as heavy as the $70/ton mark-and the atmosphere improved slightly.
However, overall transactions were still limited and low-end sources were slightly difficult to find.
The raw material phenol market is trending smoothly.
The negotiated price in East China is 6900-7000 yuan/ton.
Importers ship at an independent pace.
Due to the current high cost and high external volume, importers mainly consume current inventory and pay attention to the situation of July shipment negotiations; acetone; The market is still dominated by a downturn.
The transaction price in Yanshan area has remained stable at 5650 yuan/ton, downstream demand is sluggish and merchants have limited shipments.
Crude oil rebounded, and Asian pure benzene transactions once went up-reaching 825 US dollars/ton (FOB Korea), giving a good support to the BPA market, and trading merchants are more active; the current market is temporarily stable, and the merchants are still positive, downstream The demand is still sluggish, the inquiries are active and there is no significant increase, the transaction is normal, the demand is still low, the domestic bisphenol A plant is restarted, and the market supply volume has increased significantly.
It is expected that the bisphenol A will operate in a narrow range.

    On the last trading day (July 1), the domestic BPA market has mixed mentality and narrow fluctuations.

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