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[China Epoxy Resin Industry Online] June 9, 2005 News: Some time ago, the bisphenol A market plummeted.
The reason was the gambling market.
With the gradual establishment and improvement of my country’s market economy system, people’s market awareness has greatly increased, and sufficient attention has been paid to market policy information.
This is undoubtedly a big improvement compared with the mechanical implementation of planning instructions under the conditions of a planned economy.
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But if the strategy of blindly adopting the gambling market is not advisable, sooner or later, it will attract disasters.
The recent "earthquake" in the bisphenol A market has undoubtedly taught a thrilling lesson for related production and distribution companies.
In the chemical trade, artificial hype and hoarding are just old ways.
A large amount of stocking magnified the actual demand at that time, and when stocking failed and concentrated shipments, the price drop was inevitable.