Daily review of BPA: weak disk

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 1, 2011: The domestic bisphenol A market is operating weakly and continues to decline slightly.
On the last trading day (February 28), the mainstream transaction price in East China in the mainstream market began to form a range of 19,700 to 20,000 yuan/ton, with a decrease of 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market opened lower on the day, and the near-ocean source part was offered at 20,000 yuan/ton, and the offshore source was lower, and the downstream was more on the sidelines.
, The market entry is very few, the negotiation range is lowered, the spot resources are scattered, and the trading merchants have increased their intention to ship.
The bisphenol A external market stagnated and consolidated.
Although the international crude oil surged sharply, the bisphenol A external disk was subject to spot trading, weak trading, few firm purchases, negotiating stalemate at US$2380-2,450/ton CFR, and the intention to sell some bonded near-foreign products At US$2,400/ton CFR, manufacturers' costs and supply support will stick to the price level, but they will have limited boost to the market.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 20000-20200 yuan/ton, lowered by 300 yuan/ton, mainstream transaction prices are 19700-20000 yuan/ton, lowered by 200 yuan/ton; mainstream quotations in Huangshan area are 20,000-20100 yuan/ Ton, down 200 yuan/ton, mainstream transaction price 19700～20,000 yuan/ton, low end down 100 yuan/ton; mainstream quotation in North China area 20,000～20100 yuan/ton, down 200 yuan/ton, mainstream transaction price 19700～20,000 yuan /Ton, lower end by 300 yuan/ton; mainstream quotations in South China are 20500-20700 yuan/ton, lowered by 300 yuan/ton, mainstream transaction prices are 20200-20500 yuan/ton, lowered by 200 yuan/ton.

On the trading day (February 28), the bisphenol A raw material market was strongly supported, affected by tensions in the Middle East, and international crude oil was strong, but the direct raw material trend did not improve.