Daily review of BPA: severe test

[China Epoxy Network (China Epoxy Industry Online)October 20, 2011: The domestic bisphenol A market continues to decline and the test is severe.
On the last trading day (October 19, 2011), the mainstream transaction price in East China in the mainstream market has entered the range of 13,300-13,500 yuan/ton, and the low-end price has been reduced by 400 yuan/ton/the high-end by 500 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market fluctuated and closed down on the day, the raw materials compensated for the fall, the market mentality was panic, and the market was sold again, 13500 yuan/ton fell.
, It will take time to verify when the bottom is reached, and the consolidation of the market is expected to continue.
The bisphenol A external disk plummeted last week and is currently weak.
In October, 510 tons of offshore cargoes were sold at US$1,730/ton CFR.
Intermediaries changed hands at US$1,680 to US$1,700/ton CFR.
Bonded 300 tons changed hands at US$1700/ton CFR.
The ocean-going segment intends to $1750/ton CFR, and the selling intention in Southeast Asia in the second half of the week is $1850/ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13,600 yuan/ton, 700 yuan/ton lower, the mainstream transaction price is 13300-13500 yuan/ton, the low-end price is lowered by 400 yuan/ton/the high-end is lowered by 500 yuan/ton; Mainstream quotation is 13,800 yuan/ton, down 600 yuan/ton, mainstream transaction price is 13500-13700 yuan/ton, 300 yuan/ton; mainstream quotation in North China is 13,800 yuan/ton, 600 yuan/ton, mainstream transaction price is 13500-13700 yuan /Ton, down 300 yuan/ton; mainstream quotations in southern China are 14100 yuan/ton, 700 yuan/ton lower, mainstream transaction prices are 13800-14,000 yuan/ton, low-end price is lowered by 400 yuan/ton/high-end price is lowered by 500 yuan/ton.

On the trading day (October 19, 2011), the bisphenol A raw material market continued to fall.