Daily review of BPA: poor trading

[China Epoxy Network (China Epoxy Industry Online)News on April 5, 2012: The domestic bisphenol A market is bleak and difficult to rebound.
On the trading day (April 01, 2012), the mainstream transaction prices in the mainstream market in East China began to form a range of 13,200-13,300 yuan/ton, with a lower-end price reduction of 200 yuan/ton/high-end price reduction by 100 yuan/ton.
According to the analysis by market experts of China Epoxy Network (China Epoxy Industry Online)the spot market performance on the day was still poor, the short-term downstream is hopeless, the upstream raw materials are pending, and related products are still showing a weak trend.
The market mentality is confused and the wait-and-see sentiment is strong.
The pre-holiday downturn and volatility continue temporarily, and there is still room for expected decline.
Terminal parking has increased, and resource consumption is slow.
The external disk of bisphenol A has been weak for three consecutive weeks.
This week, the Asian region has reduced the CFR by 10-30 US dollars/ton to 1680-1760 US dollars/ton CFR.
Weak demand, declining raw materials, and weakening of China’s spot stocks have become the main incentives.
Related products have plummeted and also Frustrated the mentality.
Domestic bisphenol A market regional market: the mainstream price in East China is 13400-13500 yuan/ton, the low-end price is lowered by 100 yuan/ton, the range of 13200-13300 yuan/ton, the low-end is lowered by 200 yuan/ton/ the high-end is lowered by 100 yuan/ton; The mainstream quotation in Huangshan area is 13600 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton, and the low-end price is reduced by 100 yuan/ton; the mainstream quotation in North China is 13600 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton, and the low-end price is reduced by 100 Yuan/ton; mainstream quotations in South China are 13900-14000 yuan/ton, low-end prices are lowered by 100 yuan/ton, mainstream transaction prices are 13700-138900 yuan/ton, low-end prices are lowered by 200 yuan/ton/high-end prices are lowered by 100 yuan/ton.

The bisphenol A raw material market remained weak on the trading day (April 01, 2012).
(Slightly, see the full version for details).

On the last trading day (April 01, 2012), domestic BPA manufacturers continued to drop in spot, and demand was still weak.
They will take less action for the time being and continue to wait and see.
(Slightly, see the full version for details).