Daily Review of Bisphenol A: Box Vibration

[China Epoxy Network (China Epoxy Industry Online)December 7, 2011: The domestic bisphenol A market fluctuated and narrowly arranged.
On the last trading day (December 06, 2011), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 10,800 to 11,000 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the trading atmosphere in the spot market on that day was fair, some offers rose, buyers entered the market cautiously, and the level of negotiation was maintained and small orders Gao also heard that the overall situation continues to be horizontal and the mentality is slightly supported, but the resources are still sufficient, and the downstream orders for futures in the previous month have to be digested.
It is expected that short-term terminal demand will be limited in volume and narrowly adjusted.
The bisphenol A external market has steadily strengthened.
Due to the rebound in China’s spot market and the improvement of the raw material pure benzene and phenol markets in the Asian region, the market mentality has slightly improved and is supported.
CFR China Reference Discussions are 1330-1420 US dollars / ton, and the focus is on the probe ; Northeast Asia exports to the Middle East, India, and Europe in December, with a deadlock of US$1,400 to US$1,450/ton (FOB Northeast Asia), affected by weak demand and few firm deals.
Domestic bisphenol A market regional quotation: the mainstream quotation in East China is 11,000 yuan/ton, the mainstream transaction price is 10,800-11,000 yuan/ton; the mainstream quotation in Huangshan area is 11200 yuan/ton, the mainstream transaction price is 11,000-11100 yuan/ton, and the increase is 100 yuan/ Tons; the mainstream quotation in North China is 11200 yuan/ton, the mainstream transaction price is 11000-11100 yuan/ton, up by 100 yuan/ton; the mainstream quotation in South China is 11500 yuan/ton, and the mainstream transaction price is 11300-11500 yuan/ton.

On the trading day (December 06, 2011), the bisphenol A raw material market was transformed.