Daily Review of Bisphenol A: Atmosphere Extension

[China Epoxy Network (China Epoxy Industry Online)News from October 12, 2011: The domestic bisphenol A market is weaker and the market is declining.
On the last trading day (October 11, 2011), the mainstream transaction price in the East China region of the mainstream market has formed a range of 15,200-15,300 yuan/ton, with a decrease of 200 yuan/ton.
According to the analysis of the market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market trading atmosphere was light on the day, with few active enquiries, strong wait-and-see atmosphere, sharp declines, business losses, and spot markets.
There are few transactions, low external transactions, declining prices, and lack of market confidence.
The external market of bisphenol A was deserted and there were few discussions.
Some intermediate merchants offered US$1,850/ton CFR.
In view of the turbulent decline in raw materials and weak downstream demand, there was a strong wait-and-see atmosphere and little willingness to enter the market.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 15400-15500 yuan/ton, down 300 yuan/ton, mainstream transaction prices are 15200-15300 yuan/ton, 200 yuan/ton; mainstream quotations in Huangshan area 15500-15600 yuan/ Tons, low-end down 300 yuan/ton/high-end down 200 yuan/ton, mainstream transaction price 15300-15400 yuan/ton, low-end down 200 yuan/ton/high-end down 100 yuan/ton; mainstream quotation in North China 15500-15600 yuan /Ton, low-end down 200 yuan/ton/high-end down 100 yuan/ton, mainstream transaction price 15300-15400 yuan/ton, low-end down 200 yuan/ton/high-end down 100 yuan/ton; mainstream quotation in South China 15900～16000 Yuan/ton, lowered by 300 Yuan/ton, mainstream transaction price was 15700-15800 Yuan/ton, lowered by 200 Yuan/ton.

The bisphenol A raw material market continued to decline on the trading day (October 11, 2011).