Daily review of BPA: weaker market

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 18, 2011: The domestic bisphenol A market sentiment is weakening and the market is weak.
On the last trading day (May 16, 2011), the mainstream transaction prices in the mainstream market in East China began to form a range of 19,500 to 19,800 yuan/ton, and the low-end was reduced by 100 yuan/ton/the high-end was reduced by 200 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market on the day mainly fluctuates at a low level, quotations are scarce, actual sales are real, resource digestion is slow, and mentality is often weak; Downstream is sluggish, related products continue to be stable, peripheral commodities are too weak, and there is a lack of short-term benefits for bisphenol A.
It is expected that the weak market will continue to be light.
The bisphenol A external market has declined.
Last week, international crude oil and bulk commodities fell, China’s weakening impact, Asia fell within a narrow range, CFR China negotiated between 2490 and 2520 US dollars per ton, regional manufacturers’ quotations persisted, and domestic trade merchants were tight.
Increased cargo and lowered the center of gravity.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 20,100 yuan/ton, the mainstream transaction price is 19,500-19,800 yuan/ton, the low-end price is reduced by 100 yuan/ton/the high-end price is reduced by 200 yuan/ton; the mainstream price in Huangshan area is 20,000 yuan/ton , Decrease 200 yuan/ton, mainstream transaction price 19600～19700 yuan/ton, low-end down 200 yuan/ton/high-end down 300 yuan/ton; mainstream quotation in North China area 20,000 yuan/ton, down 200 yuan/ton, mainstream transaction price 19,600～19,700 yuan/ton, low-end down 200 yuan/ton/high-end down 300 yuan/ton; mainstream quotation in South China 20,600 yuan/ton, mainstream transaction price 20,000-20,300 yuan/ton, low-end down 100 yuan/ton/high-end Decrease 200 yuan/ton.

On the trading day (May 16, 2011), the market trend of bisphenol A raw materials was weak (slightly, see the full version for details).

On the trading day (May 16, 2011), domestic bisphenol A manufacturers temporarily held steady and wait-and-see.