Daily Review of BPA: Wait and see to maintain

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 29, 2010: The domestic bisphenol A market remains on the sidelines and the market is temporarily stable.
On the last trading day (June 28), the mainstream transaction price in the East China region of the mainstream market can still maintain the range of 14,600-14,900 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was mainly wait-and-see on the day.
Crude oil closed sharply over the weekend, supported by raw material phenol, and the market sentiment was better than before.
Low-priced goods Disappeared; most of the intermediary businesses are cautiously waiting and watching, their intentions have risen slightly, and there is little real talk about transaction guidelines for the time being, and the prices are no longer low-end.
The spot bisphenol A continued to fall in the downturn, once again approaching the warning line for the last round of rebound.
Last week, domestic pure benzene and phenol rebounded, and the market mentality eased.
Friday was worried that the tropical storm in the Gulf of Mexico would lead to the interruption of oil production and the international crude oil surge.
A 7-week high may be a boost to the market mentality.
On the other hand, it is facing an increase in early July: Sinopec Mitsui's 120,000-ton/year unit has completed overhaul and will soon be restarted.
The follow-up trend of BPA external disk is also to be watched.
The market's long and short factors are still mixed, and the volatile market continues.
In short, the atmosphere at the beginning of the week is more active than before.
Energy surges, pure benzene and phenol market conditions are bullish, some traders regain their confidence, and some offer prices are as high as around 15,000 yuan/ton.
Buyers are tentatively looking for goods, and actual orders are scarce.
.
In the face of limited external boosting factors and limited actual effects, the lack of market trading is still difficult to change.
On the other hand, merchants are boosted by raw materials and some are closed on the sidelines, which is also the reason for the limited trading scale.

    On the last trading day (June 28), the BPA market atmosphere was calm and the negative decline ceased.

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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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