Daily Review of BPA: Approaching Cost

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 30, 2011: The domestic bisphenol A market adjusted within a narrow range, and the low level continued.
On the trading day (June 29, 2011), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 16,500-17,000 yuan/ton.
Market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn indicated that there was more wait-and-see atmosphere in the spot market that day.
Attention has begun to heat up.
At present, the overall weakness continues, and the selling price is gradually approaching costs.
Some inquiries are seeking directions, and substantial discussions are less heard; downstream buying intentions are low, and the market is still waiting for time to verify.
Recently, relevant news is long and short, and bearish sentiment remains Now, low prices continue to stay on the sidelines.
The bisphenol A external market adjusted sharply.
The international crude oil first rose and then hit a new low.
Pure benzene declined, the internal and external markets of phenol plummeted, and the domestic and external markets of bisphenol A plummeted.
The external market of bisphenol A was affected and adjusted significantly.
The CFR China reference talks fell 2150-2270 US dollars/ton CFR, low-end fell by 150 US dollars/ton, downstream and import merchants are cautious, and the delivery volume is low.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 17,000 yuan/ton, the mainstream transaction price is 16500~17,000 yuan/ton; the mainstream quotation in Huangshan region is 17,000 yuan/ton, the mainstream transaction price is 16700~17,000 yuan/ton; the mainstream quotation in North China 17000 yuan/ton, the mainstream transaction price is 16700-17000 yuan/ton; the mainstream quotation in South China is 17500 yuan/ton, the mainstream transaction price is 17000-17500 yuan/ton.

    On the trading day (June 29, 2011), the bisphenol A raw material market continued to be weak (slightly, see the full version for details).

    On the trading day (June 29, 2011), domestic bisphenol A manufacturers maintained a low-key and fully closed the market.