Daily Review of Bisphenol A: Still Cautious

[China Epoxy Network (China Epoxy Industry Online)May 8, 2012: The domestic bisphenol A market is sluggish and temporarily tidied.
On the last trading day (May 07, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,700 to 13,800 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market mentality of the day was slightly recalled and more wait-and-see.
There were few active downstream inquiries, merchants tried to find directions, and firm offers Negotiations are temporarily unclear, and the market outlook is mostly cautious.
The narrow upward trend may be difficult to continue; with the subsequent increase in domestic and imported supplies, the current state of mind is cautious, especially the sharp rise of related products, which may further squeeze the space.
Pay attention to domestic manufacturers Production and marketing policy guidelines, downstream demand, and consumption are still weak, and it is difficult to be optimistic.
The bisphenol A external disk market has risen within a narrow range.
Refer to the negotiation for 1750-1800 US dollars/ton (CFR China's main port), and an increase of 10-30 US dollars/ton.
This is mainly driven by import costs.
However, the recent oil price plummeting and the raw material phenol ketone weakening in the external disk, the market All parties have a lot of concerns, and the market outlook is currently unclear.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 13800-14000 yuan/ton, the mainstream transaction price is 13700-13800 yuan/ton; the mainstream quotation in Huangshan area is 13900-14000 yuan/ton, the mainstream transaction price is 13700-13800 yuan/ton; The mainstream quotation in North China is 13900-14000 yuan/ton, and the mainstream transaction price is 13700-13800 yuan/ton; the mainstream quotation in South China is 14200-14300 yuan/ton, and the mainstream transaction price is 13800-13900 yuan/ton.

On the trading day (May 07, 2012), the bisphenol A raw material market was weak.