Daily Review of Bisphenol A: a sharp drop

[China Epoxy Network (China Epoxy Industry Online)October 25, 2011: The domestic bisphenol A market is under huge pressure, and the market is sluggish.
On the last trading day (October 24, 2011), the mainstream transaction price in the East China region of the mainstream market has dropped to the range of RMB 12,200 to RMB 12,400/ton, with a reduction of RMB 1,000/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market continued to decline sharply on that day, which was reflected after "Black Thursday" last week and at the beginning of the week.
Refer to the negotiated price of 12,500 yuan/ The ton has been lost and it is approaching an important defense line of 12,000 yuan/ton.
There is a lack of favorable support and the spot continues to be bearish.
At present, the inertia wait and see, the buyer digests the inventory, there are few transactions heard, continue to pay attention to the news; the autumn wind is very cold, and BPA enters in advance In winter, the external economic environment is turbulent, and the petrochemical market has been exhausted for two consecutive weeks.
With the collapse of the market, the industrial chain is on the verge of profit and loss.
The subsequent start-ups, downstream demand, the evolution of the external market, and the trend of raw materials are still the key points that influence the market trend.
Pay close attention .
Domestic bisphenol A market regional quotation: the mainstream quotation in East China is 12,600 yuan/ton, down 1,000 yuan/ton, the mainstream transaction price is 12,200-12,400 yuan/ton, down 1,000 yuan/ton; the mainstream quotation in Huangshan area is 12,600 yuan/ton, down 1,000 yuan RMB/ton, mainstream transaction price is 12400~12500 RMB/ton, lowered by 1000 RMB/ton; mainstream quotation in North China is 123,600 RMB/ton, lowered by 1000 RMB/ton, mainstream transaction price is 12400~12500 RMB/ton, lowered by 1000 RMB/ton ; The mainstream quotation in South China is 13,100 yuan/ton, down by 1,000 yuan/ton, and the mainstream transaction price is 12,700-12,900 yuan/ton, down by 1,000 yuan/ton.

On the trading day (October 24, 2011), the overall bisphenol A raw material market was weak.