Daily Review of Bisphenol A: A Test Pass

[China Epoxy Network (China Epoxy Industry Online)October 26, 2011: The domestic bisphenol A market continues to be tested and still has a downward trend.
On the trading day (October 25, 2011), the mainstream transaction price in the East China region of the mainstream market fell to the range of 11,700 to 12,000 yuan/ton, and the low-end was reduced by 500 yuan/ton and the high-end by 400 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trend slowed down that day, but it was still falling.
Although the stock market led to a rebound in the commodity market and the raw material phenol ketone stabilized, Wait and see, but it is still hard to say that it has stabilized.
Recently, short positions have been released and merchants have suffered serious low-price rejection.
There seems to be signs of rising hype, some offers are about to increase, downstream inquiries about directions, and high-level resistance.
The bisphenol A external disk market is declining step by step.
With the further decline of the spot market and the following decline in the external disk, the cargo and bonded offer in October tends to be 1,550 US dollars/ton CFR, which is even lower, and the bottom is still unclear.
Downstream terminals and importers The performance is cautious, and the volume trading is limited.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,600 yuan/ton, the mainstream transaction price is 11,700-12,000 yuan/ton, the low-end price is reduced by 500 yuan/ton, the high-end price is reduced by 400 yuan/ton; the mainstream quotation in Huangshan area is 12,600 yuan/ton , The mainstream transaction price is 12,000 yuan/ton, the low-end price is lowered by 400 yuan/ton/ the high-end price is lowered by 50 yuan/ton; the mainstream quotation in North China is 12,300 yuan/ton, the mainstream transaction price is 11,800-12,000 yuan/ton, and the low-end price is lowered by 600 yuan/ton / The high-end price is reduced by 500 yuan/ton; the mainstream quotation in South China is 13,100 yuan/ton, the mainstream transaction price is 12,200~12,500 yuan/ton, the low-end is reduced by 500 yuan/ton/ the high-end is reduced by 400 yuan/ton.

On the trading day (October 25, 2011), the overall bisphenol A raw material market was weak.