Daily Review of Bisphenol A: Weakness Is Not Ended

[China Epoxy Network (China Epoxy Industry Online)September 29, 2011: The domestic bisphenol A market continues to weaken and the market remains weak.
On the trading day (September 28, 2011), the mainstream transaction price in the East China region of the mainstream market formed a range of 16,000 to 16,100 yuan/ton, and a decrease of 200 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market was running flat on that day, and the November holiday approached, the interest of market participants was cooling, and there was little trading intentions and negotiations Continue to move downwards, the market is showing signs of decline, the market is infinitely empty, actual trading is bleak, and the wait-and-see atmosphere is intensified.
However, there are no short-term positive factors for bisphenol A, and the trend may gradually slow down after the heavy volume drops.
It is expected that the market will be mainly consolidating within a narrow range.
The bisphenol A external disk market plummeted, the spot price plummeted, the raw materials were weakened, the market confidence was severely lacking, and the price was lowered by US$80/ton.
Some offshore cargoes negotiated a CFR of US$1,900/ton, and the supply of resale in Southeast Asia also fell sharply.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 16200-16300 yuan/ton, down 200 yuan/ton, mainstream transaction prices are 16000-16100 yuan/ton, 200 yuan/ton; mainstream quotations in Huangshan area are 16600 yuan/ton, The high-end price is lowered by 200 yuan/ton, the mainstream transaction price is 16100-16300 yuan/ton, and the price is lowered by 200 yuan/ton; the mainstream quotation in North China is 16300-16500 yuan/ton, the low-end price is lowered by 200 yuan/ton, and the mainstream transaction price is 16100-16200 yuan/ Ton, down 200 yuan/ton; mainstream quotations in South China are 16700-16800 yuan/ton, down 200 yuan/ton, and mainstream transaction prices are 16500-16600 yuan/ton, down 200 yuan/ton.

On the trading day (September 28, 2011), the bisphenol A raw material market continued to weaken.