subject: Bisphenol A Baptism Of Crude Oil Fall Of The Market Down - Bisphenol A, Crude Oil - The Coatings [print this page] HC coating Network News: 51 postganglionic Bisphenol A Downstream consolidation accelerated procurement of the downstream market, almost stagnant, there is no market price situation continued, some speculators to profit out of panic low throw further weighed on the market atmosphere. As of week three, to discuss East China range mainstream market fell 15800-16100 yuan / ton, low center of gravity of the whole high end of the rate of reduction 600-700 yuan / ton. Although this wave of adjustment than the end of March 3000 -4 months yuan / ton increase is overshadowed, but for external disk, fundamentals relatively "good" in terms of bisphenol A is no doubt an accident.
According to analysis, bisphenol A major incentive for the adjustment of crude oil from the postganglionic Jing Xian "Black Swan event" significant market confidence triggered by frustration due to selling. Just 10 trading days, the U.S. crude oil futures drop of 19.47% (16.78 U.S. dollars), significantly more than expected! Coupled with the debt crisis of the EU haze difficult call, a strong rise in the dollar index, China's financial regulatory policies may be other internal and external concerns, the bulk commodity deep callback, bisphenol A herd mentality as a strong market for products, but also drift , downstream from the city waiting to see a more intensified atmosphere of the market bearish.
Bisphenol A hidden outside the plate adjustment
Now bisphenol A see-saw outside plate, trigger a chain reaction collapse of crude oil adjusted for the market outlook, become troublesome. Pure mid-May Benzene Fall outside the plate 900 U.S. dollars FOB benchmark price / ton, although there is a rebound phase, but with the deep-down spot market in China, follow-up to internal and external hard disk market linkage under the optimistic, the current external drive with Benzene Bisphenol A post in 1000 U.S. dollars / ton on; Acetone 51 postganglionic pace down, phenol producers very short-term market, with the stock market downturn, the market adjustment is expected to significantly increase its market outlook. Last week, China tropolone sluggish spot market weakness has been dragged into the outer disk of 30-40 U.S. dollars / tons, the follow-up disc, or further involvement outside. 5-6 month within the Asian region continued maintenance of bisphenol A unit, the overall market supply reduction, in terms of bisphenol A dollar is a great support, but Chemical industry The broader market weakness and the Chinese stock market downturn, have led to lower and Import Business had to focus on the U.S. to examine the follow-up. Bisphenol A good spot outside the disk as the most important one "straw" into the market outlook, a major impact on the stock.
Downstream is weak evidence With softer raw material markets and the weak broader market turmoil this week, bisphenol A and the two main pc lower Epoxy resin Domestic trade market is weaker trend, particularly the performance of solid epoxy resin, E-12 (604) traded down to the mainstream 20700-21000 yuan / ton, higher points or 700-800 yuan / ton, lower Powder Coatings Market orders waiting to see reduced demand for raw materials than the bisphenol A, ECH market fluctuation, while consumption of inventory follow-up could not rule out the inhibition of start loading. Liquid epoxy resin prices were slightly weaker, but strong and part of the international market order needs to be implemented, no significant short-term volatility is expected to start some type of production enterprises within the digestive face certain obstacles. Pc decline this week to enlarge the spot market, according to market sources, some low-end materials shipped down to 23,600 yuan / ton, high-end talks in 24800-28500 yuan / ton, respectively, higher than the point before the holiday fell from 1000 to 500 yuan / t, the current climate of low spot market, outside the plate in an awkward position, to guide its further attention.
Bad market sentiment, the so-called cost, external disk, support efforts to supply and demand is bound to be adversely affected, the rational expectations or expectations will be difficult for a rational adjustment by negative chemical clouded the weak broader market, do not rule out some of the seller to avoid selling low-cost risk behavior, the recent reversal wait and see the crude oil market stabilized, bisphenol A market adjustment at this time or will mark the end of the dawn.
