Daily review of BPA: mentality improved

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 9, 2010: The domestic bisphenol A market mentality has improved and low prices are gradually disappearing.
On the last trading day (November 8), the mainstream transaction price in East China in the mainstream market has returned to the range of 20,300 to 20,600 yuan/ton, with an increase of 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market bottomed out and the mentality improved on that day.
Many merchants closed their orders and waited for clarity.
The selling intention was not lower than RMB 20,500/ton, USD Depreciation, soaring oil prices, general rise in bulk petrochemical products, the market is cautiously optimistic about BPA; the atmosphere of negotiation is getting better, the center of gravity is slowing down, the transaction is enlarged, the tight price rises again, the downstream rigid demand, small-volume positions, merchants are reluctant to sell, and confidence is restored .
Domestic bisphenol A market regional market: mainstream quotations in East China are 20,600-20,800 yuan/ton, low-end prices are raised by 600 yuan/ton, high-end prices are raised by 300 yuan/ton, mainstream transaction prices are 20,300-20,600 yuan/ton, and low-end prices are raised by 600 yuan/ Tons/high-end prices are increased by 300 yuan/ton; mainstream quotations in Huangshan area are increased by 20,600-20,800 yuan/ton, low-end prices are increased by 600 yuan/ton/high-end prices are increased by 300 yuan/ton, mainstream transaction prices are increased by 20,500-20,600 yuan/ton, and low-end prices are increased by 300 yuan /Ton/high-end price increase by 100 yuan/ton; mainstream quotation in North China 20600-20800 yuan/ton, low-end price increase by 600 yuan/ton/high-end price increase by 300 yuan/ton, mainstream transaction price 20500-20600 yuan/ton, low-end price increase by 300 RMB/ton/high-end price increase by RMB 100/ton; mainstream quotations in South China are 21,100 to 21,300 RMB/ton, low-end prices are increased by RMB 600/ton/high-end prices are increased by RMB 300/ton, mainstream transaction prices are increased by RMB 20,800 to 21,100/ton, and RMB 300 is increased /Ton.

On the trading day (November 8), the bisphenol A raw material market temporarily maintained operation.

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