Daily Review of Bisphenol A: Weakness does not change

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 29, 2010: The domestic bisphenol A market remains weak and remains temporarily.
On the last trading day (October 28), the mainstream transaction price in East China in the mainstream market can still remain in the range of 21,000 to 21,300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market fluctuated within a narrow range on that day, and the offer was temporarily stable, and discussions were sluggish.
The low-end was mostly due to some merchants’ demand for payment and lock-in.
Good shipments, flat negotiation atmosphere, weak overall trading, downstream holding currency and cautious entry into the market, related product epichlorohydrin market stalemate, poor transactions, more emphasis on the buyer’s overall wait-and-see sentiment.
The bisphenol A external disk market was significantly weaker than before.
The Chinese spot market slowed down and prices were weak.
The bisphenol A external disk market impacted the price to drop by US$50/ton to US$2300-2450/ton CFRCMP.
The low-end and mid-range prices were negotiated for ocean cargo.
At present, the regional market is mostly affected.
The quotation is sticking to US$2500/ton CFR, and the price of foreign goods slips to US$2300~2450/ton CFR.
Market participants are cautiously bearish in the short term and the trading atmosphere is deserted.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 21,300-21,500 yuan/ton, and the mainstream transaction price is 21,000-21300 yuan/ton; the mainstream quotation in Huangshan area is 21,500-21600 yuan/ton, and the mainstream transaction price is 21,300-21,500 yuan/ton; The mainstream quotation in North China is 21500-21600 yuan/ton, and the mainstream transaction price is 21300-21400 yuan/ton; the mainstream quotation in South China is 21800-22000 yuan/ton, and the mainstream transaction price is 21500-21800 yuan/ton.

On the trading day (October 28), the bisphenol A raw material market continued to be weak, and the downstream sector slightly declined.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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