Daily review of BPA: lack of negotiation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 11, 2011: The domestic bisphenol A market has quiet trading and average shipments.
On the last trading day (March 10), the mainstream transaction price in East China in the mainstream market still maintained the range of 19,600 to 19,900 yuan/ton.
According to the analysis of market experts from the National Resin Network ( www.
360gsz.
com ), the spot market situation was calm that day, with few transactions, bulk commodities fluctuated and weakened, and the mentality was more cautious.
Buyers digested inventory and purchased small orders on demand.
The digestion of social inventories is slow, the transaction center is at a low level, the trading volume is thin, the firm offer is sparse, and there is no obvious fluctuation in the high level of the external market, but the unilateral cost support is weak, the supply and demand side is restricted, and the trend of narrow consolidation is expected to continue.
The bisphenol A external disk market is still strong, and the European region continues to be strong and the supply is tight.
Contract negotiations are as high as 1,900 euros/ton (FD Northwest Europe), and March spot negotiations are 1900-2100 euros/ton (FD Northwest Europe), promoting the local downstream Epoxy resins-the February contract commodities rose by 100 euros/ton; the European market as a whole is currently significantly stronger than Asia, and there are few firm offers of ocean-going cargoes to China.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 20,000 yuan/ton, the mainstream transaction price is 19,600-19,900 yuan/ton; the mainstream quotation in Huangshan area is 20,000-20100 yuan/ton, and the mainstream transaction price is 19700-19900 yuan/ton; in North China The mainstream quotation is 20000-20100 yuan/ton, the mainstream transaction price is 19700-19900 yuan/ton; the mainstream quotation in South China is 20500 yuan/ton, and the mainstream transaction price is 20100-20400 yuan/ton.

On the trading day (March 10), the market trend of bisphenol A raw materials was not good (slightly, see the full version for details).

On the trading day (March 10), domestic bisphenol A manufacturers continued to report high, (slightly, see the full version for details).