Daily review of bisphenol A: a slight continued decline

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 23, 2010: The domestic bisphenol A market continued to decline slightly and the atmosphere was sluggish.
On the last trading day (December 22), the mainstream transaction price in the mainstream market in East China began to form 17500-17800 yuan/ton, and the low-end was reduced by 200 yuan/ton.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market was weak on the same day and the center of gravity dropped again.
The negotiation is broad, the transaction situation is average, and the market outlook is bearish; the air release news is frequent, the market confidence is impaired, manufacturers are forced to move at low prices, and the market price is broad.
It is expected to continue to be narrow and weak.
The bisphenol A external disk market is sluggish and the wait-and-see atmosphere is still strong.
The buying intention is generally low, and the factory is mostly at 2100 US dollars/ton (CFR China); the Chinese market demand is weak and the negotiation is down.
Suppliers export to the Middle East and India, and offer prices US$2,300/ton (FOB Korea), and freight of US$80/ton; individual manufacturers intend to reduce the operating load and sell high-priced phenol.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 18,000 yuan/ton, the mainstream transaction price is 17500-17800 yuan/ton, and the low-end price is reduced by 200 yuan/ton; the mainstream quotation in Huangshan area is 18,000-18200 yuan/ton, and the mainstream transaction price is 17,800 ～17900 yuan/ton; mainstream quotation in North China is 18,100～18,300 yuan/ton, mainstream transaction price is 17800～17900 yuan/ton, high-end price is reduced by 100 yuan/ton; mainstream quotation in South China is 18500 yuan/ton, mainstream transaction price is 18,000～18,300 yuan /Ton, lower end by 200 yuan/ton.

On the previous trading day (December 22), the bisphenol A raw material market was weak and partly down.

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