Daily review of BPA: Weakness continues

[China Epoxy Network (China Epoxy Industry Online)March 26, 2012: The domestic bisphenol A market is cautious and the market is deserted.
On the last trading day (March 23, 2012), the mainstream transaction price in the mainstream market in East China began to form a range of 13,500~13,600 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market maintained a weak trend that day, the negotiating intention price was slightly lowered, and the overall upstream and downstream product chain was weak and the downstream still remained weak.
Be more cautious and purchase some on-demand at reasonable prices.
When the downturn is weak, it is difficult to ship and increase the volume.
Buyers leave the market mainly to wait and see, and there is an inertial waiting atmosphere on weekends.
Bisphenol A’s external market is lightly traded, and offshore intermediate merchants in Asia offer US$1720-1730/ton (CFR China’s main port), counter-offer US$1700/ton or slightly less, and some Southeast Asian cargo offers US$1,900/ton (CFR China's main port), downstream terminals and importers are cautiously waiting and watching, and actual discussions are still relatively small for the time being.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13700-13800 yuan/ton, the mainstream transaction price is 13500-13600 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 13800-13900 yuan/ton, the mainstream transaction price 13700 yuan/ton, high-end price reduction 100 yuan/ton; North China mainstream price 13800-13900 yuan/ton, mainstream transaction price 13700 yuan/ton, high-end price reduction 100 yuan/ton; South China mainstream price 14200-14300 yuan/ton, mainstream The transaction price is 14000-14100 yuan/ton, and the high-end price is lowered by 100 yuan/ton.

On the trading day (March 23, 2012), the bisphenol A raw material market continued to be sorted out.