Daily Review of Bisphenol A: Difficult to Change Weakness

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] August 22, 2011: The domestic bisphenol A market is difficult to change and remains weak.
On the last trading day (August 19, 2011), the mainstream transaction price in the mainstream market in East China, although it remained in the range of 16,800-17,000 yuan/ton, it was mainly low-end.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market opened low and moved low, with few firm transactions, the response of downstream demand was sluggish, and some ocean-going offers had reached 16,900.
Yuan/ton, the pressure of merchant sales and capital withdrawal is increasing, short-term optimism is hard to say, the market is low and fluctuating, the price of large orders is still tradeable, and the mentality in the market is relatively empty; the related product cyclochloropropane is weak in a narrow range, and downstream users stay on the sidelines Strong sentiment, negative orders for firm orders, overall downstream inventory digestion, and a strong wait-and-see atmosphere-the situation of new orders from epoxy resin plants is not good.
The bisphenol A external market is cautiously waiting and watching, near-ocean cargo and bonded offers are 2050-2080 US dollars/ton CFR, some buying intentions are low-end, Thailand’s PTT offers 2250 US dollars/ton CFR, and buyers’ intentions are 50 US dollars lower.
The firm offer of cargo is scarce.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 17000-17200 yuan/ton, the mainstream transaction price is 16800-17000 yuan/ton, mainly low-end; the mainstream quotation in Huangshan area is 17300 yuan/ton, the mainstream transaction price is 17000-17200 yuan /Ton, low-end mainly; North China mainstream price 17,300 yuan/ton, mainstream transaction price 17000-17200 yuan/ton, low-end mainly; South China mainstream price 17500-17700 yuan/ton, mainstream transaction price 17300-17500 yuan /Ton, mainly low-end.

On the trading day (August 19, 2011), the bisphenol A raw material market was organized at a high level (omitted, see the full version for details).

On the trading day (August 19, 2011), domestic bisphenol A manufacturers mainly wait and see.