Daily review of bisphenol A: weak narrow range

[China Epoxy Network (China Epoxy Industry Online)June 21, 2012: The domestic bisphenol A market sentiment faded and shipments declined slightly.
On the last trading day (June 20, 2012), the mainstream transaction price in the mainstream market in East China began to enter the range of 11,900 to 12,000 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market was quiet that day, the offer was up and down 12,000 yuan/ton, and the firm offer had not been kept, and the downstream inventory was consumed.
Slow, small orders on-demand procurement, lack of upstream and downstream benefits, and more cautious mentality; as the atmosphere fades, the cautious mood is strong, the terminal is weak and difficult to return, the supply is relatively sufficient, coupled with the downward consolidation of related products, most industry players.
The bisphenol A external disk market declined slightly.
In June, the close ocean 300-ton cargo turnover was US$1,510/ton CFR, and hundreds of tons of bonded cargo were traded near this place.
Taiwan and South Korea’s selling intentions were 1500-1520 US$/ton CFR, lacking attractiveness.
, Low-end negotiations were reached near $1480/ton CFR, and sellers were rejected below $1500/ton CFR; Southeast Asia 3×500 tons June cargo traded at 1,630-1640 U.
S.
dollars/ton CFR, and there was less firm trading in the ocean.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,300-12,400 yuan/ton, the mainstream transaction price is 11,900-12,000 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 12400-12500 yuan/ton, the mainstream transaction price 12,100-12,200 yuan/ton; the mainstream quotation in North China is 12,400-12,500 yuan/ton, and the mainstream transaction price is 12,100-12,200 yuan/ton; the mainstream quotation in South China is 12400-12500 yuan/ton, and the mainstream transaction price is 12,000-12100 yuan/ton.

On the trading day (June 20, 2012), the market atmosphere of bisphenol A raw materials was still weak, but there was a turning point.