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[China Epoxy Network (China Epoxy Industry Online)November 17, 2011: The domestic bisphenol A market is light and continues to fall within a narrow range.
On the last trading day (November 16, 2011), the mainstream transaction price in the mainstream market in East China began to form a range of 11,600 to 11,800 yuan/ton, with a decrease of 200 yuan/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)there were continuous rumors of low prices in the spot market that day, downstream on-demand low-price procurement, and the range was still down, and market confidence was obviously insufficient.
Related products are partly speculative, downstream users and intermediate merchants are on the sidelines; internal and external markets are weak and fluctuating, and the contradiction between supply and demand is still the main drag factor.
Manufacturers are struggling on the cost line, some of which reduce production and load, and the short-term seems to lack a boost to the market.
The external market of bisphenol A has weakened.
Despite cost pressures and price cuts, the center of gravity continued to fall further due to weak spot prices and weak demand; 3 orders of nearly 1,000 tons were traded at US$1450/ton, US$1470/ton, and US$1500 /Ton.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,000 yuan/ton, down by 300 yuan/ton, the mainstream transaction price is 11,600~11,800 yuan/ton, down by 200 yuan/ton; the mainstream quotation in Huangshan area is 12100 yuan/ton, down by 400 RMB/ton, mainstream transaction price is 11800~11900 RMB/ton, down 200 RMB/ton; mainstream quotation in North China is 12000 RMB/ton, down 400 RMB/ton, mainstream transaction price is 11800~11900 RMB/ton, down 200 RMB/ton ; The mainstream quotation in South China is 12,500 yuan/ton, down 300 yuan/ton, and the mainstream transaction price is 12,100-12,300 yuan/ton, down 200 yuan/ton.
On the trading day (November 16, 2011), the bisphenol A raw material market continued to be sorted out.
(Slightly, see the full version for details).