Daily review of bisphenol A: continued decline in a narrow range

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 5, 2011: The domestic bisphenol A market continued to fall within a narrow range and operated at a low level.
On the trading day (July 04, 2011), the mainstream transaction price in the East China region of the mainstream market formed a platform of 15,700-16,000 yuan/ton, and the low-end was reduced by 300 yuan/ton.
According to analysis by market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market is still on the sidelines of the day, and some intermediate merchants and downstream users have few inquiries to find directions and practical discussions.
The negotiating range has moved down and the downward trend is still in place.
Upstream raw material trading is still weak, and related products continue to make up adjustments.
Recently, the internal and external markets have plummeted for two consecutive weeks.
The spot price has fallen below 16,000 yuan/ton, and the external market has fallen below 2,100 US dollars/ton.
Market confidence is heavy.
Damage and intensify the wait-and-see atmosphere.
The downstream polycarbonate and epoxy resin are weak, and the bisphenol A industry chain is good for scarcity, and the weakness is difficult to adjust.
The bisphenol A external disk market plummeted, dragged down by the impact of the domestic spot plummet, and closed at 2000-2060 US dollars/ton CFR, down 150-210 US dollars/ton, and the buying intention at the end of the month fell below the low end, and a series of transactions were reached in this range.
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Domestic bisphenol A market regional quotation: the mainstream quotation in East China is 16,000 yuan/ton, the mainstream transaction price is 15,700-16,000 yuan/ton, and the low-end price is reduced by 300 yuan/ton; the mainstream quotation in Huangshan area is 16,000 yuan/ton, and the price is reduced by 200 yuan/ton.
The mainstream transaction price is 15800~16000 yuan/ton, down 200 yuan/ton; the mainstream price in North China is 16200 yuan/ton, the mainstream transaction price is 15800~16000 yuan/ton, down 200 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, The mainstream transaction price is 16200-16500 yuan/ton, and the low-end price is lowered by 300 yuan/ton.

    On the trading day (July 04, 2011), the bisphenol A raw material market continued to adjust (slightly, see the full version for details).

    On the trading day (July 04, 2011), domestic bisphenol A manufacturers continued to close their shares.