Daily review of bisphenol A: the center of gravity has fallen

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 16, 2010: The focus of the domestic bisphenol A market has fallen and returned again.
On the last trading day (November 15), the mainstream transaction price in East China in the mainstream market began to fall to the range of 20,300 to 20,500 yuan/ton, with a downward adjustment of 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market was lightly traded and the center of gravity dropped.
Buyer enquiries were sparse and the number of actual orders was small.
The focus of negotiations was slightly down and the atmosphere Still calm, the overall mentality is slightly damaged, cautious wait-and-see mood increases, downstream digesting inventory, wait-and-see is relatively strong, although the external market is high, follow-up costs continue to increase, but the overall demand is flat, with a conservative mentality.
The bisphenol A external market fluctuates: the spot rebounds in the early stage and the commodity market rises.
From November to December, the cargo negotiation is 2400~2450 US dollars/ton CFR; with the cooling of the market sentiment and the plummet of bulk commodities, the buying interest in the market has diminished, and some intentions are 2350 US$/ton CFR, mainstream negotiations are 2350~2450 US$/ton CFR.
At present, there is a strong wait-and-see atmosphere, waiting for the commodity market to become clearer.
Domestic bisphenol A market regional quotation: mainstream quotation in East China is 21,000 yuan/ton, mainstream transaction price is 20,300-20,500 yuan/ton, down 300 yuan/ton; mainstream quotation in Huangshan area is 21,000 yuan/ton, mainstream transaction price is 20,500-20,600 yuan/ Ton, down 200 yuan/ton; mainstream quotation in North China is 21,000 yuan/ton, mainstream transaction price is 20,500-20,600 yuan/ton, down 200 yuan/ton; mainstream quotation in South China is 21,500 yuan/ton, mainstream transaction price is 20,800-21,000 yuan/ Ton, down 300 yuan/ton.

On the trading day (November 15), the bisphenol A raw material market fluctuated within a narrow range.

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