Daily review of BPA: the trend slows down

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 1, 2010: The domestic bisphenol A market has slowed down and the market is stable.
On the last trading day (February 26), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 13,800-14,000 yuan/ton.
According to the analysis of market experts from China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market price trend slowed down that day, and some offer mid-to-low-end positions and actual negotiation levels were maintained, supported by external disks and costs, and the overall market atmosphere.
Fortunately, the recent spot gains have been relatively fast, and the adjustment of bulk chemicals on weekends has led to a weakened market chasing atmosphere and further attention.
During the week, the spot market continued to heat up and external quotations rose, further strengthening the short-term bullish atmosphere; BPA can be said to have risen after the holiday The trend is swift, and the intermediate merchants and the high downstream are slightly wait-and-see.
Although the holding merchants are reluctant to sell, but the high-end downstream digests more inventory, the market's wait-and-see atmosphere has increased.
International crude oil prices fluctuated and fell, raw material pure benzene fell in Europe and America, and Asia fell.
Spots were mostly wait-and-see, and mentality was different; phenol fluctuated at a high level, downstream cautious purchases, negotiated prices in East China at 12,100 yuan / ton, short-term stability; The decline, subsequent port arrivals increased, demand was flat, and weak fluctuations continued.
In short, BPA has risen sharply after the holiday, market profits have emerged, and the pure benzene market has recently fallen.
The bulk commodity market has turned volatile after midweek.
Although the market is still positive, the mentality is cautious, especially in the short-term rapid increase.
High wait-and-see increases slightly, and it is expected that the spot market will digest the gains and fluctuate mainly at high levels.
The market outlook is mainly to digest the increase and slow down the volatility.

On the previous trading day (February 26), the domestic bisphenol A market pulled up, and the spot was adjusted.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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