Daily Review of Bisphenol A: Insufficient Trading

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 30, 2011: The domestic bisphenol A market is under-trading and the atmosphere is weak.
On the last trading day (January 28), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 19,400 to 19,500 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market on the same day had little trading, lack of popularity, continued sluggishness, and few transactions heard; market participants continued to leave the market and downstream devices Discontinued production, holidays approaching, the atmosphere is scattered, firm trading is decreasing, the overall mentality is stable, the relevant news before the holiday has changed, and there is no clear impact on the price.
The recent upstream performance is strong, most of the merchants are holding on to the goods, and the intention to ship before the holiday is widespread Not big.
At present, there are not many stocks in the hands of trading merchants, and most of them are high-cost stocks in the early stage, and are cautiously optimistic; however, the tight prices of related products have increased, the high cost pressure of downstream dual raw materials, and the demand has been suppressed to some extent.
Some still have inventory and limited room for growth.
The bisphenol A external disk market continues at a high level.
There are few firm offers in the Asian region.
The supply of goods in the European region is still tight in February.
The raw materials and downstream are strong and the market outlook is optimistic.
The European part of the offer is above US$2,400/ton CFR.
Domestic bisphenol A market regional quotation: mainstream quotation in East China is 20,000 yuan/ton, mainstream transaction price is 19,400 to 19,500 yuan/ton; mainstream quotation in Huangshan area is 20,000 yuan/ton, mainstream transaction price is 19,500 to 19,600 yuan/ton; mainstream quotation in North China 20000 yuan/ton, 19500-19600 yuan/ton; mainstream quotation in South China is 20500 yuan/ton, mainstream transaction price is 19900-20000 yuan/ton.

    On the trading day (January 28), the bisphenol A raw material market remained dominant and under consolidation.

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