Daily review of BPA: Slightly stop the decline

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 7, 2011: The domestic bisphenol A market fluctuated within a narrow range and was initially stable.
On the last trading day (July 06, 2011), the mainstream transaction price in the mainstream market in East China was temporarily stable in the range of 15,600-15,700 yuan/ton.
According to the analysis by market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market consolidates within a narrow range and has limited corrections.
Most merchants reject low prices, and all parties are concerned about the trend of the raw material market; related product epichlorohydrin has also been stabilized, but the sales bottleneck is still there.
The demand for downstream orders in July is general, and the raw materials continue to be purchased on demand.
Raw materials are mostly cautious and wait-and-see.
The bisphenol A external market has stabilized temporarily after the decline.
The Asian region's selling intention is 2050-2100 US dollars/ton CFR, and some importers intend to cover their positions at an appropriate price; the Northeast Asian region's supply to Europe and the United States also weakens, 200-300 tons in July shipment negotiations 2060～2080 USD/ton FOB, delivery intention for a small amount of container cargo sent to the United States, 2050～2080 USD/ton FOB, shipment in July.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 16,000 yuan/ton, the mainstream transaction price is 15600-15700 yuan/ton; the mainstream quotation in Huangshan area is 16,000 yuan/ton, the mainstream transaction price is 15700-15900 yuan/ton; the mainstream quotation in North China 16,200 yuan/ton, the mainstream transaction price is 15700-15900 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, and the mainstream transaction price is 16,100-16200 yuan/ton.

On the trading day (July 06, 2011), the weak bisphenol A raw material market was sorted out (omitted, see the full version for details).

On the trading day (July 06, 2011), domestic bisphenol A manufacturers continued to close their shares.