Daily review of BPA: weak demand

[China Epoxy Network (China Epoxy Industry Online)News on June 29, 2012: The domestic BPA market is weak and the atmosphere is stale.
On the last trading day (June 28, 2012), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 11,700 to 11,900 yuan/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market continued to fluctuate within a narrow range on the same day, with a slight improvement in the upstream and sluggish downstream demand.
The mentality is still more cautious and buyers are small.
On-demand, firm talks are light, and trading is narrowed.
Some large downstream epoxy resin manufacturers plan to overhaul and news are worried.
The short-term supply and demand contradiction is still prominent.
Pay close attention to the external market and related news.
It is expected that narrow fluctuations will continue.
The bisphenol A external market is slightly volatile.
Near-ocean cargo and bonded offers are US$1520-1540/ton CFR, and a small amount of buying intention is US$1500/ton CFR; Thailand’s July cargo offer is US$1605-1630/ton CFR.
, Part of the trading intention is US$1600/ton CFR; oil prices have fluctuated at a low level recently, basic chemicals are still there, and the short-term atmosphere has weakened, and follow-up is waiting to be seen.
Regional quotations of the domestic bisphenol A market: mainstream quotations in East China are 11,900 to 12,000 yuan/ton, and mainstream transaction prices are 11,700 to 11,900 yuan/ton; mainstream quotations in Huangshan area are 12,000 to 12,100 yuan/ton, and mainstream transaction prices are 11,800 to 11,900 yuan/ton; The mainstream quotation in North China is 12,000-12,100 yuan/ton, the mainstream transaction price is 11,800-1,1900 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 12,000-12100 yuan/ton, and the mainstream transaction price is 11,900-12,000 yuan/ton.

    On the trading day (June 28, 2012), the bisphenol A raw material market has improved.