Daily review of BPA: less firm offer

[China Epoxy Network (China Epoxy Industry Online)June 12, 2012: The domestic bisphenol A market has limited trading and the weakness continues.
On the trading day (June 11, 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.
According to the analysis of the market experts of China Epoxy.
com (China Epoxy Industry Online)there are few active offers in the spot market on the day, the firm transaction is temporarily small, and the reference negotiation has not moved, and small orders are purchased on demand.
Mainly, pay close attention to the news; the current domestic and foreign markets are frustrated, and trading is heading to the front line of 12,000 yuan/ton, while the contradiction between supply and demand in the bisphenol A stage is highlighted, the pressure of external market adjustment still exists, and the industry's cautious mood is lingering, and the weak is fluctuating The market continues.
The bisphenol A external market fell further, and oil prices drove benzene and phenol ketones down-cost support was weak, overall downstream demand was weak, and European debt concerns, the Asian region closed at 1530-1570 US dollars / ton, down 50-60 US dollars / ton , High-end US$1,600/ton first-line fall; recent oil prices continue to challenge, the trend of raw materials remains to be observed, the outlook for BPA on the external market is unknown, the domestic and external markets are still bearish, downstream terminals and importers are cautious in entering the market, and the overall trading situation is still flat.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,300-12,400 yuan/ton, the mainstream transaction price is 12,300 yuan/ton; the mainstream quotation in Huangshan area is 12,500-12600 yuan/ton, the mainstream transaction price is 12,500 yuan/ton; the mainstream quotation in North China 12500-12600 yuan/ton, the mainstream transaction price is 12,500 yuan/ton; the mainstream quotation in South China is 12400-12500 yuan/ton, and the mainstream transaction price is 12400 yuan/ton.

On the trading day (June 11, 2012), the bisphenol A raw material market continued to be weak and still sluggish.