BPA Market Morning tips 12

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Early tips of bisphenol a market

last Friday, the domestic bisphenol a market often continued the previous "wait-and-see" practice. As a relationship between the ebb and flow, the crash of ECH injected little benefit into the market, but it still belonged to the superficial effort of "addressing the symptoms but not the root cause". There was no obvious release in the market trading volume, but there were many different experimental objects, In particular, stretchability and sensitivity are important performance indicators of strain sensor materials, and the decline of downstream epoxy resin has intensified, which has also cast an ominous shadow on the current transaction rhythm. The negotiated price of yuan/ton is still the focus of both long and short sides in the market

there is no new transaction news in the external market. In addition, near the end of the year, it is still difficult to ease the temporary shortage of market funds. In other aspects, we will continue to narrow the market consolidation channel based on the experience of upstream and downstream cooperation mechanisms. However, based on the current market fundamentals, the market is still unable to have the foundation to build a new round of market recovery

at the same time, due to the recent twists and turns of bisphenol A, most market participants are afraid to act rashly. On Wednesday, the related product ECH fell substantially by about 500 yuan/ton. After the downstream market quickly responded to the decline, the delivery was not as smooth as expected, and the demand continued to be weak. Although many businesses had a strong desire to stop the decline and stabilize, the market was also worried about the future market of bisphenol A

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