Daily Review of BPA: Quiet trading

[China Epoxy Network (China Epoxy Industry Online)September 20, 2011: The domestic bisphenol A market is temporarily stable and operating normally.
On the last trading day (September 19, 2011), the mainstream transaction prices in East China in the mainstream market were sorted out and digested in the range of 16,700-16,800 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trading atmosphere was calm that day, the offer was stable, the price of negotiation interest was slightly lower, and the mentality of most businesses was stable and the spot atmosphere was stable.
Gradually improved, merchants’ wait-and-see push interest increased slightly, the raw material phenol Secco incident, and some installations stopped, the BPA market mentality was also strongly boosted; the overall downstream purchase enthusiasm was not high, the follow-up was slightly slow, and the wait-and-see mentality, Maintain on-demand replenishment, a little bit of resistance to hype, and still wait and see; costs are generally high and low market prices are more repulsive.
In addition, due to insufficient supply of raw materials, Sinopec Mitsui’s start-up load is reduced due to product orders and subsequent supply outside of the contract.
less.
The bisphenol A external market is not very active.
Mainstream discussions in Asia are about US$2020-2060/ton CFR.
Importers are still cautious and the focus of trading remains at a medium-to-low level.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 17,000 yuan/ton, the mainstream transaction price is 16700-16800 yuan/ton; the mainstream quotation in Huangshan area is 17,000 yuan/ton, the mainstream transaction price is 16800-17,000 yuan/ton; the mainstream quotation in North China 17,000 yuan/ton, the mainstream transaction price is 16800-16900 yuan/ton; the mainstream quotation in South China is 17,500 yuan/ton, and the mainstream transaction price is 17200-17300 yuan/ton.

On the trading day (September 19, 2011), the bisphenol A raw material market is being sorted out.