Daily review of bisphenol A: low-level finishing

[China Epoxy Network (China Epoxy Industry Online)May 17, 2012: The domestic bisphenol A market adjusted within a narrow range and continued to weaken.
On the last trading day (May 16, 2012), the mainstream transaction price in the mainstream market in East China began to enter the range of 13,300~13,400 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market fluctuated at a low level on the day, and Sinopec Mitsui’s plant was shut down, the impact was not significant, most of the shipments were not smooth, and the negotiations continued to be negative.
However, supply has increased, demand has shrunk, the contradiction between supply and demand has further intensified, and the downward trend has continued.
The rumors of low prices of related products have continued to force pressure.
The bisphenol A external disk market has weakened.
Jinyang’s mainstream offers are 1700-1710 US dollars/ton CFR, three bonded cargoes are sold at 1720-1740 US dollars/ton CFR, and 500 tons of Saudi cargo are sold at 1780 US dollars/ton CFR; 300 tons in Taiwan in May Cargo turnover was US$1,725/ton CFR; 400+500 tons of Southeast Asian cargo was traded at US$1850-1860/ton CFR, followed by foreign cargo at US$1685/ton CFR.
Domestic bisphenol A market regional quotation: mainstream quotation in East China is 13600-13800 yuan/ton, mainstream transaction price is 13300-13400 yuan/ton, high-end price is reduced by 100 yuan/ton; mainstream quotation in Huangshan area is 13700-13800 yuan/ton, mainstream transaction price 13400 yuan/ton, high-end price reduction 100 yuan/ton; North China mainstream price 13700-13800 yuan/ton, mainstream transaction price 13300-13400 yuan/ton, lower 100 yuan/ton; South China mainstream price 13700-13900 yuan/ton, The mainstream transaction price is 13300-13600 yuan/ton, and the high-end price is lowered by 100 yuan/ton.

On the trading day (May 16, 2012), the bisphenol A raw material market was adjusted downward.