Daily Review of Bisphenol A: Slightly overcast

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 22, 2012: The domestic bisphenol A market fell slightly and fell within a narrow range.
On the last trading day (February 21, 2012), the mainstream transaction price in the mainstream market in East China began to form a range of 13,300-13,500 yuan/ton, and the low-end was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market atmosphere on that day was dull, downstream terminals and second-hand merchants were cautiously waiting and watching, the actual trading situation was average, and the negotiations were focused.
Low level, strong upstream, dull long-short game downstream, the industry's market outlook is unknown, holding currency and holding goods on the sidelines.
The bisphenol A external market is trading sideways.
CFR China in Asia is negotiating USD 1,660-1,750 per ton, USD 1,670 per ton for offshore bonded cargo of 1,300 tons, USD 1,700 per ton for offshore trade, and RMB 1,700 per ton for offshore 500 tons.
The transaction volume was US$1,750/ton CFR, the market offer was US$1800/ton, and the 400 tons of bonded cargo in Southeast Asia was sold for US$1850/ton CFR (approximately 0 anti-dumping, 5.
5% anti-dumping duty 1750 US$/ton CFR).
Domestic bisphenol A market regional quotation: mainstream quotation in East China is 13700-13800 yuan/ton, mainstream transaction price is 13300-13500 yuan/ton, low-end price is reduced by 100 yuan/ton; mainstream quotation in Huangshan area is 13700-13900 yuan/ton, mainstream transaction The price is 13500~13600 yuan/ton; the mainstream quotation in North China is 13700~13900 yuan/ton, and the mainstream transaction price is 13500~13600 yuan/ton; the mainstream quotation in South China is 14200~14300 yuan/ton, and the mainstream transaction price is 13800~14000 yuan/ton.
The low-end cuts by RMB 100/ton.

On the trading day (February 21, 2012), the market sentiment for bisphenol A raw materials became stronger.