Daily Review of Bisphenol A: The decline continues

[China Epoxy Network (China Epoxy Industry Online)News on June 8, 2012: The domestic bisphenol A market fell within a narrow range and remained fatigued.
On the last trading day (June 07, 2012), the mainstream transaction price in the East China region of the mainstream market began to form a range of 12,300 to 12,400 yuan/ton, with a reduction of 100 yuan/ton.
Experts from China Epoxy.
com/China Epoxy Industry Online (style="vertical-align: inherit;"> ) said that the spot market had a strong wait-and-see atmosphere on the day and trading was light and stable.
It is difficult for intermediary merchants to offer more than 12,500 yuan/ton, and the negotiation is narrow.
The price continued to decline, terminal operations continued to be poor, raw materials were mostly replenished on demand, shipments continued to weaken, and the market remained stable.
The current weakness is difficult to adjust, and the contradiction between supply and demand continues.
The bisphenol A external disk market continues to struggle.
With the successive decline in Asian market conditions, Northeast Asia’s intention to sell in the Middle East, Europe and the United States has gradually declined, and it has reached 1600-1630 US dollars/ton (FOB Northeast Asia).
However, due to weak terminal demand, There are few transactions heard.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 12,400-12,500 yuan/ton, down by 100 yuan/ton, mainstream transaction prices are 12,300-12,400 yuan/ton, and down 100 yuan/ton; mainstream quotations in Huangshan area are 12600-12700 yuan /Ton, the mainstream transaction price is 12500-12600 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream quotation in North China is 12500-12600 yuan/ton, the mainstream transaction price is 12,500 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China 12500-12600 yuan/ton, down 100 yuan/ton, mainstream transaction price 12400-12500 yuan/ton, down 100 yuan/ton.

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