Daily Review of BPA: The market is getting tired

[China Epoxy Network (China Epoxy Industry Online)May 10, 2012: The domestic bisphenol A market is sluggish and has fallen within a narrow range.
On the last trading day (May 9, 2012), the mainstream transaction price in the mainstream market in East China temporarily formed a range of 13,600-13,700 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market opened low on the same day, merchants’ offer callbacks, downstream follow-ups were weak, and the load of some small terminal factories dropped.
Trend: Market volatility weakens, cautious attitude spreads, related products change face, intensify downstream wait-and-see, poor trading, cautious market atmosphere, increased supply of internal and external disks in May, increased external long-short pressure, short-term weak consolidation situation may continue.
The external trading of BPA tends to be weak, and the mainstream offer of Jinyang is US$1,760-1,780/ton (CFR China's main port).
In view of the plunge in oil prices and the further weakening of raw materials, downstream terminals and importers are cautious, and the market is temporarily pricey at the beginning of the week.
No city.
Domestic bisphenol A market regional quotations: mainstream prices in East China are 13800-14000 yuan/ton, low-end prices are reduced by 200 yuan/ton, high-end prices are reduced by 300 yuan/ton, mainstream transaction prices are 13600-13700 yuan/ton, and high-end prices are reduced by 100 yuan/ton.
; The mainstream quotation in Huangshan area is 13800~13900 yuan/ton, down 100 yuan/ton, the mainstream transaction price is 13700 yuan/ton, and the high-end price is reduced 100 yuan/ton; the mainstream quotation in North China is 13800-13900 yuan/ton, down 100 yuan/ton, The mainstream transaction price is 13600-13700 yuan/ton; the mainstream quotation in South China is 14000-14100 yuan/ton, down by 200 yuan/ton, and the mainstream transaction price is 13800-13900 yuan/ton.

On the trading day (May 9, 2012), the market sentiment for bisphenol A raw materials weakened.