Daily Review of BPA: The offer is firm

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from January 11, 2010: The domestic bisphenol A market quotation is firm and running at a high level.
On the trading day (January 8th), the mainstream transaction price in the mainstream market in East China began to form 13,300~13,500 yuan/ton, mainly high-end.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the spot quotations in the market on the day were firm, and the focus of negotiations continued to move upward.
Some downstream stocks were stocked to varying degrees in the early stage.
For high-end conflicts, the market was high and the overall volume was high.
Appears to be limited.
International crude oil has corrected for the first time in the 10th, and pure benzene fluctuated at a high level.
The spot is expected to digest the rapid increase in the early period, and the trend will gradually slow down and fluctuate at a high level over the weekend.
Merchants are actively pulling up, downstream wait-and-seeing increases, the market is active, and many reluctance to sell to increase the intention, the negotiation is concentrated at 13,500 yuan/ton or slightly higher, second-hand merchants are relatively active, and end users make up for the early stage-a lot of 12,700~13,300 yuan/ Tonnage price, so high prices wait and see, some even leave the market, the market atmosphere is fierce, there is not much actual negotiation, downstream epoxy resin has not improved, cost transfer is not smooth, and high prices are difficult to sell.
The raw material pure benzene has strengthened internally and externally, and the Asian market has recovered.
Sinopec rumors are still raising expectations, and the market outlook is cautiously optimistic; the direct raw material phenol ketone market fluctuates within a narrow range, dragged down by the downturn in phenol, and negotiations in East China are 11400-11500 yuan/ton, acetone spot supply Not much, the market remains at 8650-8700 yuan/ton.
Over the past week, BPA has risen rapidly and has a considerable range.
The market has increased expectations for the warming of the external market.
However, due to the short-term rise and the difficulty in receiving the downstream market, the weekend digestion of the early gains is mainly and the trend is slowing down.     On the last trading day (January 8th), the domestic BPA market was strong, the atmosphere was good, and the market continued to push up.

    Domestic bisphenol A manufacturers mainly wait and see, and the quotations are running at a high level, and they actually follow the market.

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