Daily Review of Bisphenol A: Continue to adjust

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 27, 2011: The adjustment of the domestic bisphenol A market has not stopped.
On the last trading day (May 26, 2011), the mainstream transaction price in East China in the mainstream market has formed a range of 18,800 to 19,200 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market fluctuated and sorted out on that day.
Both buyers and sellers had a strong wait-and-see atmosphere.
The transaction is mainly based on ocean-going sources; the downstream market is downbeat, and there is a small gap in buying intentions.
Some equipment repairs and accidental shutdowns have offset the market stimulus; the current foreign trade is deserted and the trend is weak.
The confidence of participants is fully insufficient, and the market still needs Time digestion and verification.
The bisphenol A external market is weak in Asia and Europe is strong, and Asian sources are re-exported to Europe and the United States.
In May/June, large orders are negotiated for US$2500/ton FOB Northeast Asia, 500 tons of which are sold to the US at US$2600/ton FOB Northeast Asia, 200 tons are issued To the Middle East is also nearby, European BPA negotiations 1900-2000 Euro/ton, far higher in Asia.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 19,000-19,500 yuan/ton, mainstream transaction prices are 18800-19200 yuan/ton, down 100 yuan/ton; mainstream quotations in Huangshan area are 19500 yuan/ton, mainstream transaction prices are 19,000-19200 RMB/ton, down 100 RMB/ton; mainstream quotation in North China 19500 RMB/ton, mainstream transaction price 19,000～19200 yuan/ton, down 100 RMB/ton; mainstream quotation in South China RMB 19500-20000/ton, mainstream transaction price 19300 ~19,700 yuan/ton, down 100 yuan/ton.

On the trading day (May 26, 2011), the bisphenol A raw material market was weak and stable (slightly, see the full version for details).

On the trading day (May 26, 2011), domestic bisphenol A manufacturers compensated for the decline.