Daily Review of BPA: Upward Focus

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 6, 2009: The domestic bisphenol A market has recovered and the center of gravity has risen.
On the last trading day (July 3), the mainstream transaction price in East China in the mainstream market was temporarily in the range of 9,500-9,600 yuan/ton, but it was mainly high-end.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was stable, medium and small, and rose.
Traders were in a good mood, but they were still reluctant to sell.
The fundamentals of downstream demand did not change much, and manufacturers made inquiries.
Increased, replenishment at an appropriate price on demand, and limited overall transactions.
However, as the last trading day of the week, the market continued to fluctuate within a narrow range.
Recently, domestic bisphenol A continues to rise slightly, but market transactions are difficult to increase, and the number of external sales of various plants is limited.
Among them, Bayer Shanghai supplies a small amount to the market, and Sinopec Mitsui is expected to produce materials in the middle of the day.
The raw material phenol market has risen slightly, but there is not much downstream follow-up.
Merchants mostly ship to rescue the market.
The negotiation level in East China is 7,200 yuan/ton; the acetone market is fully closed, and the low-price supply of middlemen is basically consumed, and some first-hand merchants also That's it already.
The market sentiment on that day was fair, with external disks and cost support, the market continued to rise slightly, merchants' quotations were still on the sidelines, consumer demand was still sluggish, inquiries were active and there was no improvement, and overall transactions were average.
At present, international crude oil fluctuates and Asian pure benzene skyrocketed, which seems to support the BPA market.
Domestic merchants have slightly improved mentality and low-price shipment intentions are not high.
Some trading merchants are reluctant to sell and wait for the increase, but downstream demand is still sluggish.
1.
It is difficult to increase the volume of market transactions, and the market continues to fluctuate mainly within a narrow range.

    On the last trading day (July 3), the domestic bisphenol A market fluctuated within a narrow range.

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