Daily review of bisphenol A: a bit more stable

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 9, 2010: The domestic bisphenol A market is slightly stable and temporarily consolidating.
On the last trading day (December 8), the mainstream transaction price in the mainstream market in East China was slightly adjusted to the range of 18,100 to 18,400 yuan/ton, and the low-end was increased by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market opened flat on that day, the atmosphere was slightly better, the center of gravity rebounded slightly, the market stabilized, and actual discussions were still at a low-to-medium level.
At present, the market supply is relatively loose, and the rapid start-up of the market is not easy.
Part of the downstream stage purchases and digesting inventory continue to wait and see; terminal manufacturers increase their positions at reasonable prices, and inquiries are biased towards the low end.
Second-hand merchants are cautious and fast in and out.
The external disk of bisphenol A has weakened for 3 consecutive weeks, market demand is weak, China's spot price has plummeted, and prices in Asia have fallen sharply.
CFR China reference negotiation is 2100-2250 US dollars/ton, a decline of 50-100 US dollars/ton; the market outlook is unclear, and most businesses wait and see.
There are few active offers and terminal buying intentions are around US$2,100/ton CFR.
Regional quotation of the domestic BPA market: the mainstream quotation in East China is 18500 yuan/ton, the mainstream transaction price is 18100-18400 yuan/ton, and the low-end price is raised by 100 yuan/ton; the mainstream quotation in Huangshan area is 18600 yuan/ton, and the mainstream transaction price is 18300-18500.
RMB/ton, an increase of 100 RMB/ton; mainstream quotation in North China 18,600 RMB/ton, mainstream transaction price of 18,200-18,500 RMB/ton, high-end price increase of 100 yuan/ton; mainstream quotation in South China RMB 19,000/ton, mainstream transaction price of 18,600～ 18,900 yuan/ton, the low-end raises 100 yuan/ton.

    On the last trading day (December 8), the bisphenol A raw material market was dominated by sideways.

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