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[China Epoxy Resin Industry Online] May 31, 2005: This week, the prices of phenol and acetone, the two major raw materials of bisphenol A, continued to consolidate on the platform last week.
Experts believe that the market is close to the bottom line.
With the rebound of international oil prices, Will gradually get rid of the downturn.
In the second half of last week, there were frequent good news in the market for phenol.
Driven by the expected oversold rebound mentality, coupled with phenol manufacturers’ release of price stabilization information, dealers’ pickups increased sharply, manufacturers’ inventories dropped rapidly, and prices in various regions rose slightly by 100-200 yuan /Ton, the port price is 8800~9000 yuan/ton, and the other areas are 8300~8500 yuan/ton.