Daily Review of Bisphenol A: The decline is on the rise again

[China Epoxy Network (China Epoxy Industry Online)June 18, 2012: The domestic bisphenol A market is not cost-effective and the center of gravity is falling.
On the last trading day (June 15, 2012), the mainstream transaction price in East China in the mainstream market temporarily entered the 11,900-12,100 yuan/ton range, and 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 flat on that day, and the market of related products further weakened.
The downstream products are generally based on sales and raw materials are purchased cautiously.
Small orders are mainly traded and wait-and-see news is gradually becoming clear, raw materials are dragged down, and wait-and-see sentiment is strong; spot shipments are slow, demand is weak, downstream production is reduced or intermittent parking to avoid risks, market confidence is difficult to boost in the short-term, and weak shocks are sorted into Mainly, pay close attention to the bisphenol A external market, upstream and downstream trends, and related news fluctuations.
The focus of the bisphenol A external market has dropped.
In June, offshore cargo offers were offered at US$1,500 to US$1,540/ton CFR, and low-end negotiations were reached at US$1,480/ton CFR; Southeast Asia’s offer was US$1,650/ton CFR, and offshore firm offers were scarce.
.
Domestic bisphenol A market regional quotation: mainstream quotation in East China is 12,300-12,400 yuan/ton, mainstream transaction price is 11,900-12,100 yuan/ton, down 100 yuan/ton; mainstream quotation in Huangshan area is 12400-12500 yuan/ton, mainstream transaction price is 12,100 ～12,200 yuan/ton, down 100 yuan/ton; mainstream quotation in North China 12400-12500 yuan/ton, mainstream transaction price 12100-12200 yuan/ton, down 100 yuan/ton; mainstream quotation in South China 12400-12500 yuan/ton, The mainstream transaction price is 12,000-12,100 yuan/ton, down 100 yuan/ton.

On the trading day (June 15, 2012), the market atmosphere of bisphenol A raw materials was difficult and still weak.