BPA Daily: Atmosphere fades

[China Epoxy Network (China Epoxy Industry Online)November 26, 2012: The domestic bisphenol A market has weakened raw materials and the atmosphere has changed.
On the last trading day (November 23, 2012), the mainstream transaction price in the mainstream market in East China continued to maintain the range of 13,000 to 13,100 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)analyzed that the spot market trading atmosphere was dull that day, the downstream low levels continued to be sorted out, and the interest in raw material procurement was mediocre.
Refer to the discussion to focus on medium and low levels , Inventory consumption is slow and raw materials are purchased on demand.
As raw materials are both falling and the market is not buying enough, some of the intentions have slightly lowered the center of gravity, and the weekend will be narrow and weak.
The bisphenol A external market is at a high stalemate, Asian transactions are light, and the raw material phenol ketone is high in US dollars.
Manufacturers' cost pressures remain unabated.
The mainstream offers are firm at US$1,700/ton CFR, and the mid-market offers are slightly lower at US$1680/ton CFR.
Downstream demand is weak, spot transactions are stalemate, import profits are limited, and buyers' interest is weak.
Part of the intended price is US$1650-1660/ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13300-13400 yuan/ton, the mainstream transaction price is 13000-13100 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 13300-13400 yuan/ton, the mainstream transaction price 13100～13200 yuan/ton; the mainstream quotation in North China is 13300～13400 yuan/ton, the mainstream transaction price is 13100～13200 yuan/ton, and the low-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 13500-13600 yuan/ton, the mainstream transaction price 13200-13300 yuan/ton, high-end cuts 100 yuan/ton.

On the trading day (November 23, 2012), the overall bisphenol A raw material market was weak: the market for pure benzene was stable and the negotiations were deserted.