Daily review of BPA: waiting for news

[China Epoxy Network (China Epoxy Industry Online)News on April 9, 2012: The domestic bisphenol A market has a wait-and-see atmosphere and few transactions.
On the last trading day (April 06, 2012), the mainstream transaction price in East China in the mainstream market temporarily formed a range of 13,100-13,300 yuan/ton, and the low-end was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market on the day has limited trading, the market is organized, the wait-and-see atmosphere is strong, the firm transaction is small, and the spot market is upside down.
Buyers are not eager to enter the market, and the inquiries tend to be 13,000 yuan/ton.
Bisphenol A external disk contract is under negotiation.
Downstream demand in Asia and weak raw materials are impacted.
The external disk has been weak for three consecutive weeks.
CFR China negotiates 1680-1860 US dollars/ton, and sporadic buying intentions are US$1,650/ton CFR.
The external disk continues to be upside down compared to the spot market.
Expanded; trading intentions are weak, some intermediate merchants offer 1680-1710 US dollars / ton CFR (bonded), Southeast Asia April cargo offers 1880 US dollars / ton CFR, active bidding or finding goods are scarce, waiting for follow-up direction.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13400-13500 yuan/ton, the mainstream transaction price is 13100-13300 yuan/ton, and the low-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 13500 yuan/ton and the low-end is reduced by 100 RMB/ton, mainstream transaction price is 13300~13400 RMB/ton, lowered by 100 RMB/ton; mainstream quotation in North China is 13500 RMB/ton, lower-end price is lowered by 100 RMB/ton, mainstream transaction price is 13300~13400 RMB/ton, lowered by 100 RMB /Ton; the mainstream quotation in South China is 13900-14000 yuan/ton, the mainstream transaction price is 13600-13800 yuan/ton, and the low-end price is reduced by 100 yuan/ton.

On the trading day (April 06, 2012), the bisphenol A raw material market was temporarily weak and stable.