Daily review of bisphenol A: continued to drop

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 19, 2011: The domestic bisphenol A market is still weak and the market is slightly down.
On the last trading day (May 18, 2011), the mainstream transaction price in the East China region of the mainstream market began to form a range of 19,400 to 19,800 yuan/ton, and the low end was reduced by 100 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market continued to fall within a narrow range on the same day.
Traders were pessimistic, some of them were willing to cash out, and downstream orders were weak.
Be cautious and wait-and-see.
Spot prices are low, trading is thin, and the gains have faded.
The signs are obvious.
Except for equipment maintenance and unexpected shutdowns, there are few positives and strong shorts.
The external market of bisphenol A has weakened.
Hundreds of tons of bonded goods traded at US$2500-2,520/ton CFP, and then the high-end quotations lacked any suction.
Some Nanya and Kumho cargo offers fell to US$2500/ton CFP, a small amount The buying intention is below US$2,480/ton CFP; 300 tons of Northeast Asia and 500 tons of Southeast Asia are sold at US$2,550 and US$2,650/ton CFP.
The market doubts that this price is too high and lacks representative; another epoxy-grade May cargo was sold in May US$2480/ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 20,100 yuan/ton, the mainstream transaction price is 19,400-19,800 yuan/ton, and the low-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 20,000 yuan/ton, and the mainstream transaction price is 19,600-19,700 The mainstream quotation in North China is 20,000 yuan/ton, and the mainstream transaction price is 19,600 to 19,700 yuan/ton; the mainstream quotation in South China is 20,600 yuan/ton, and the mainstream transaction price is 19,900 to 20,300 yuan/ton, and the low-end price is reduced by 100 yuan/ton.

    On the trading day (May 18, 2011), the market trend of bisphenol A raw materials was still weak (slightly, see the full version for details).

    On the trading day (May 18, 2011), domestic bisphenol A manufacturers were temporarily stable and mainly wait-and-see.