Daily review of bisphenol A: the trend slows down

[China Epoxy Network (China Epoxy Industry Online)October 8, 2011: The domestic bisphenol A market remains weak and the low-end is hovering.
On the last trading day (September 30, 2011), the mainstream transaction price in the mainstream market in East China was temporarily maintained in the range of 16,000 to 16,100 yuan/ton, mainly at the low end.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was empty and closed down, oil prices rebounded within a narrow range, pure benzene rose and fell, and the raw material phenol ketone The production enterprises lowered again, and many industry players said they would make decisions after the holiday.
With the holiday approaching, buyers and sellers are gradually leaving the market, and the market is expected to become less clear; downstream stocking is gradually ending, the market direction is still unclear.
The bearishness continued throughout the week and rumors of low prices continued.
As the National Day holiday approached, market participants continued to withdraw from the market.
Downstream buying became even more deserted, and merchants still tended to lower prices.
Rumors of low prices continued, but shipments were still not smooth.
The weak stalemate has been maintained before, and the outlook is still not optimistic.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 16,200-16,300 yuan/ton, the mainstream transaction price is 16,000-16100 yuan/ton, mainly low-end; the mainstream quotation in Huangshan area is 16,600 yuan/ton, the mainstream transaction price is 16,100-16300 yuan Mainstream price per ton, low-end; North China mainstream price 16300-16500 yuan/ton, mainstream transaction price 16100-16200 yuan/ton, low-end mainly; South China mainstream price 16700-16800 yuan/ton, mainstream transaction price 16500～ 16,600 yuan/ton, mainly low-end.

On the trading day (September 30, 2011), the bisphenol A raw material market was weakly supported.