Daily review of BPA: ups and downs are not easy

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 7, 2011: The domestic bisphenol A market is calm and stable.
On the last trading day (March 4), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 19,600 to 19,900 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market appeared steadily on the day and buyers and sellers were in a deadlock on the sidelines.
Although the market fell further and suspended, the short-term rebound seemed to have insufficient kinetic energy.
There are few real transactions heard, and the center of gravity is at a low level, and some core negotiations for ocean-going cargoes are also heard; the recent overall commodity market has been weak, and short-term demand has rapidly changed in a difficult period.
In addition, related products have risen against the market and increased downstream wait-and-see.
At present, end users More inventory is still consumed, and on-demand delivery is the main focus, and large-scale warehouse purchases continue to be scarce; in short, the market is arranged sideways, external disks remain high, energy is rising sharply, raw materials are trending strong, some merchants are reluctant to sell, and downstream markets enter the market on demand, as a whole The transaction is scarce, and the market maintains a wait-and-see atmosphere on weekends, mainly for temporary consolidation.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 20,000 yuan/ton, the high-end price is reduced by 200 yuan/ton, the mainstream transaction price is 19,600～19,900 yuan/ton; the mainstream quotation in Huangshan area is 20,000～20100 yuan/ton, and the mainstream transaction price is 19,700～ 19,900 yuan/ton; the mainstream quotation in North China is 20,000-20100 yuan/ton, the mainstream transaction price is 19700-19900 yuan/ton; the mainstream quotation in South China is 20,500 yuan/ton, the high-end price is reduced by 200 yuan/ton, and the mainstream transaction price is 20100-20400 yuan/ Ton.

On the last trading day (March 4), the bisphenol A raw material market maintained its support.