Daily Review of BPA: Market Weakness

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] April 15, 2011: The domestic bisphenol A market maintains its quotations and continues to sort out.
On the trading day (April 14, 2011), the mainstream transaction price in the mainstream market in East China was still stable in the range of 19,700 to 20,100 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market fluctuated within a narrow range on that day, the trading atmosphere was flat, the negotiation range was maintained, and high-end transactions were difficult to reach.
The commodity market in the near future Frequent volatility, the demand for BPA is slightly weak; the mentality of trading merchants is slightly differentiated, some businesses are under financial pressure, low-price delivery, some businesses have a stable mentality, low prices are reluctant to sell, overall high costs, and wait and see; related production has been significantly reduced, Downstream prices have been callbacks, raw material consumption has decreased, demand support is weak, cost\supply support, external disks are still high, and the probability of short-term adjustment is limited; the chemical product market is mostly on the sidelines, and the downstream bisphenol A digests raw material inventory, and the trend of short-term narrow consolidation continues.
Part of the low-price search for goods and maintain production; as domestic manufacturers' quotations are lowered and the market is becoming weaker, the terminal market is weak and difficult to return, and the constraints on raw materials are obvious.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 20,400 yuan/ton, and the mainstream transaction price is 19,700-20,100 yuan/ton; the mainstream quotation in Huangshan area is 20,200 yuan/ton, and the mainstream transaction price is 19,800-20,000 yuan/ton; the mainstream quotation in North China The mainstream transaction price is 20,200 yuan/ton, and the mainstream transaction price is 19,800 to 20,000 yuan/ton; the mainstream quotation in South China is 20,900 yuan/ton, and the mainstream transaction price is 20,200 to 20,600 yuan/ton.

On the trading day (April 14, 2011), the bisphenol A raw material market remained the main one (slightly, see the full version for details).

On the trading day (April 14, 2011), domestic bisphenol A manufacturers are temporarily operating stably.