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    Home > Coatings News > Resin News > Daily review of BPA: Weak operation

    Daily review of BPA: Weak operation

    • Last Update: 2021-04-26
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] News on January 16, 2009: The domestic BPA market is sluggish, and transactions are limited.
    The mainstream on the trading day (January 15) The mainstream transaction prices in East China continue to temporarily stabilize in the range of 7000-7100 yuan/ton, and the low-end ratio has increased, and it seems that there is still a downward trend.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market continued to operate weakly on the day and the negotiation and trading were insufficient.
    There were few fluctuations in the quotation range, and actual transactions followed a narrow range, and there were also slightly lower small orders.
    , The overall stalemate has not changed, and resources continue to enter the market in the later period.
    The wait-and-see atmosphere is strong, and it is difficult to negotiate large quantities; the upstream phenolketone market is trending slowly, and the mainstream market East China price: phenol is stable at 4600-4700 yuan/ton, and the supply is relatively biased.
    Tight, acetone maintains 4800-4850 yuan/ton, the two are relatively narrow, and the shipments are general, the support of bisphenol A raw materials is limited; downstream end users mainly wait and see, the demand is sluggish, the start of construction is constantly controlled, and the raw material procurement is conservative , Actual discussion is limited, many load reductions, parking and vacation, BPA consumption is hard to see a significant improvement; the market seems to be stable and "quiet", the actual stability is weak, and the market weakens slightly.
    As the downstream construction starts and the consumption of raw materials weakens, The trading atmosphere is changing, the transaction scale is declining, the overall market is still lackluster, and the demand will still shrink as the Spring Festival approaches.
    The industry's confidence in the market outlook is weakened, and it is expected to continue to consolidate within a narrow range with limited volatility.
    The weak market is mainly subject to shock consolidation, and there is no lack of slight weakness.
    .


        On the trading day (January 15), the domestic bisphenol A market remained stable and weak, the overall trading was still weak, the wait-and-see atmosphere was still strong, the price range could be maintained, and the downstream equipment started to be controlled-cautious in obtaining goods and purchasing Conservative, weak market consolidation, slightly lower negotiated prices, shrinking demand near the end of the year, and limited consumption; the current weak market and weaker trading atmosphere are due to the continuous entry of resources and the alleviation of the shortage of spot resources.


    At the same time, the closer to the Spring Festival, downstream demand is difficult Boost, the market is difficult to be optimistic; while market resources continue to be supplemented, new production capacity has been put into operation, further suppressing market confidence-Sinopec Mitsui's new plant and Bayer Shanghai Phase II plant have all entered commissioning and start-up, and the resource shortage has begun to relax.



     

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