Daily Review of Bisphenol A: The Fall Continues

[China Epoxy Network (China Epoxy Industry Online)November 25, 2011: The domestic bisphenol A market has continued to decline and continues to weaken.
On the last trading day (November 24, 2011), the mainstream transaction price in the mainstream market in East China began to enter the range of 10,700-10,800 yuan/ton, and the low-end was reduced by 400 yuan/ton and the high-end was reduced by 300 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was inertially slumping that day, raw materials were falling endlessly, its own resources were abundant, and the pressure of new installations to put into production was obvious, and the selling pressure was obvious.
Despite this, the counteroffer is still about 200 yuan/ton low, and the core customers and sub-quality sources are also heard below the low end.
In the face of the downturn, buyers are cautious in entering the market.
The bisphenol A external market fluctuated and weakened.
Near-ocean cargo counters were US$1,350/ton CFR, excluding anti-dumping, tariffs, and Thai cargo offers were US$1550/ton CFR, and trading intentions were lower by US$20-30/ton.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 11,000 yuan/ton, down 400 yuan/ton, mainstream transaction prices are 10,700-10,800 yuan/ton, low-end down 400 yuan/ton/high-end down 300 yuan/ton; Huangshan area Mainstream quotations are 11,200 yuan/ton, lowered by 300 yuan/ton, mainstream transaction prices are 10,800-11,000 yuan/ton, low-end prices are lowered by 300 yuan/ton, high-end prices are lowered by 200 yuan/ton; mainstream quotations in North China are 11200 yuan/ton, lowered by 300 yuan /Ton, the mainstream transaction price is 10800~11000 yuan/ton, the low-end price is reduced by 500 yuan/ton/the high-end price is reduced by 200 yuan/ton; the mainstream quotation in South China is 11500 yuan/ton, 400 yuan/ton, and the mainstream transaction price is 11,200~11300 yuan /Ton, 400 yuan/ton for the low-end and 300 yuan/ton for the high-end.

On the trading day (November 24, 2011), the bisphenol A raw material market declined mainly.