Daily Review of Bisphenol A: The atmosphere is sluggish

[China Epoxy Network (China Epoxy Industry Online)June 4, 2012: The wait-and-see atmosphere in the domestic bisphenol A market has been interrupted.
On the last trading day (June 1, 2012), the mainstream transaction price in the mainstream market in East China temporarily formed a range of 12,500-12,600 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was quiet on that day, the atmosphere was sluggish, active search for goods was few, trading was relatively light, heavy volume was sparse, and wait-and-see was strong.
However, despite the frustration, the performance is still quiet, with the coming of the weekend, the weak finishing is the main thing.
Bisphenol A external market trading is general, near ocean offers 1620-1640 US dollars / ton CFR, negotiated 1580-1610 US dollars / ton CFR, some of them are bonded cargo, ocean firm offers are sparse; Southeast Asian cargo offers 1730-1740 US dollar/ton CFR, some inquiries have low intentions and differences are still there.
The international crude oil plummets, the commodity market turns, and the local wait-and-see atmosphere has once again increased.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 12700-12800 yuan/ton, high-end prices are reduced by 100 yuan/ton, mainstream transaction prices are 12500-12600 yuan/ton, and high-end prices are reduced by 100 yuan/ton; mainstream quotations in Huangshan area are 12800-12900 yuan/ton RMB/ton, high-end price reduction by RMB 100/ton, mainstream transaction price of 12500-12700 yuan/ton; mainstream price of 12700-12900 yuan/ton in North China, mainstream transaction price of 12500-12700 yuan/ton; mainstream quotation of South China 12800-12900 yuan /Ton, high-end prices are reduced by 100 yuan/ton, mainstream transaction prices are 12,600-12,700 yuan/ton, and high-end prices are reduced by 100 yuan/ton.

On the trading day (June 01, 2012), the bisphenol A raw material market was organized and fluctuated within a narrow range.