Daily Review of Bisphenol A: Weakness Appears

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 25, 2010: The domestic bisphenol A market appears weak and the market is sluggish.
On the last trading day (October 22), the mainstream transaction price in the mainstream market in East China, although the range of 21500-21800 yuan/ton can still be retained, the center of gravity has fallen.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market turned into a weak operation that day, and the focus of negotiations was gradually tilted toward the low end, and actual transactions were sluggish.
As a weekend, the downstream side held the currency to wait and see.
, It is heard that some manufacturers have nearly short positions and their intention to cover positions is still unclear; the market continues to be adjusted in a narrow range, the focus of negotiations has fallen, the actual transaction is scarce, the atmosphere is weak, and the epichlorohydrin market is weak, bearish sentiment increased, and more short-term wait and see .
The energy conservation and emission reduction efforts continue to expand, and downstream small and medium-sized manufacturers have been severely impacted and many are facing shutdowns.
Therefore, the demand is further weakened and the market is weak in order to adjust the situation.
In short, the bisphenol A market has been weakening day after day, and the terminal delivery process has been hindered.
People in the market are mostly watching from the sidelines and have a cautious attitude.
Regional quotations of the domestic bisphenol A market: mainstream quotations in East China are 21800-22000 yuan/ton, mainstream transaction prices are 21500-21800 yuan/ton; mainstream quotations in Huangshan area are 219000-22000 yuan/ton, mainstream transaction prices are 21800-21900 yuan/ton; The mainstream quotation in North China is 21,900-22,000 yuan/ton, and the mainstream transaction price is 21,700-2,1900 yuan/ton; the mainstream quotation in South China is 22,300-22,500 yuan/ton, and the mainstream transaction price is 22,000-22,300 yuan/ton.

On the trading day (October 22), the bisphenol A raw material market remained positive.

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