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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 24, 2011: The domestic bisphenol A market continues to decline, and the outlook is gloomy.
On the last trading day (May 23, 2011), the mainstream transaction price in East China in the mainstream market began to form a range of 19,100 to 19,500 yuan/ton, with a decrease of 200 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn indicated that the spot market continued to decline on the same day, and there were more wait-and-sees.
Inquiries were active, searching for directions, quotations were adjusted, and epoxy-grade.
The price is lower; spot speed skating, external disks are affected, and downstream demand lacks improvement.
The petrochemical environment is weak, direct raw materials are weak, lack of confidence, and low output.
The external disk of BPA weakened and the spot was affected.
CFR China negotiated at US$2450-2500/ton, down by US$30/ton.
The sluggish demand, capital tightening, and uncertainty in the market outlook will further restrict import negotiations; April import data will be released, Sinopec Mitsui's overhaul, demand is still weak, oil prices fluctuate, the long-short game, and the trend of bisphenol A shock consolidation continue.
Domestic bisphenol A market regional quotation: the mainstream quotation in East China is 19,500 yuan/ton, down by 500 yuan/ton, the mainstream transaction price is 19,100~19,500 yuan/ton, down by 200 yuan/ton; the mainstream quotation in Huangshan area is 19500 yuan/ton, down by 500 yuan The mainstream transaction price is 19,300~19,500 yuan/ton, down by 200 yuan/ton; the mainstream quotation in North China is 19,500 yuan/ton, down by 500 yuan/ton, and the mainstream transaction prices are 19,300~19,500 yuan/ton, down by 200 yuan/ton.
; The mainstream quotation in South China is 20,000 yuan/ton, down 500 yuan/ton, and the mainstream transaction price is 19,600 to 20,000 yuan/ton, down 200 yuan/ton.
On the trading day (May 23, 2011), the bisphenol A raw material market was weak (slightly, see the full version for details).
On the trading day (May 23, 2011), domestic bisphenol A manufacturers mainly wait and see, and the operation is temporarily stable.
(Slightly, see the full version for details).