Daily Review of BPA: Continued Weakness

[China Epoxy Network (China Epoxy Industry Online)News on June 11, 2012: The domestic bisphenol A market has limited trading and the weakness continues.
On the trading day (June 08, 2012), the mainstream transaction price in the mainstream market in East China began to form a single platform of 12,300 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the spot market continued to be weak that day.
There were no transactions in the high-end market, and low-priced supplies near the ocean were difficult to find.
Epoxy-level negotiations It is trending towards 12,000 yuan/ton, downstream epoxy resin production is declining, polycarbonate is weak and difficult to adjust, terminal demand bears have clear lines, and the suppression of bisphenol A shipments is obvious.
There is good absence on the market and weak spot on weekends.
Bisphenol A external market trading is difficult and the center of gravity is loose.
Part of the near-ocean business talks are around US$1550/ton (CFR China’s main port), and the firm transaction is unknown; early-stage near-ocean talks are sporadic at US$1580-1600/ton (CFR China’s main port) ).
For some bonded goods, the terminal acceptance intention is weak, and no firm transaction has been heard.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 12,300-12,400 yuan/ton, down by 100 yuan/ton, mainstream transaction prices are 12,300 yuan/ton, and high-end prices are down 100 yuan/ton; mainstream quotations in Huangshan area are 12500-12600 yuan/ton , Decrease 100 yuan/ton, mainstream transaction price 12,500 yuan/ton, high-end price reduction 100 yuan/ton; mainstream quotation in North China 12,500-12600 yuan/ton, mainstream transaction price 12,500 yuan/ton; mainstream quotation in South China 12400-12500 yuan/ Ton, down 100 yuan/ton, mainstream transaction price 12400 yuan/ton, high-end price down 100 yuan/ton.

On the trading day (June 08, 2012), the bisphenol A raw material market continued to be frustrated and weak.