Daily Review of Bisphenol A: Operate with caution

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 13, 2011: The domestic bisphenol A market is suspended for the time being, and the operation is organized.
On the last trading day (September 09, 2011), the mainstream transaction price in the mainstream market in East China remained in the range of 16,500-16,700 yuan/ton for the time being.
According to analysis by market experts from China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market discussion atmosphere on that day was dull, terminal raw material procurement was cautious, transactions were difficult to increase, internal and external troubles lingered, and overall lack Favorable expectations.
The conditions for breaking the deadlock and strong volatility are not yet available.
It is expected that the short-term market will continue to be consolidated within a narrow range; the current spot negotiation atmosphere is fading.
The negotiation is temporarily stable and slightly lower prices are also heard.
The market turnover was limited and the market stalemate remained.
The bisphenol A external market is weak.
Recently, Jinyang offered up and down US$2040/ton CFR, and the Korean source of goods, the buyer countered the offer near US$2020/ton CFR, and the transaction was limited.
Some speculative merchants tried to test the inquiry of 2000 yuan/ton CFR, but Failed to attract any sellers.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 17,000 yuan/ton, the mainstream transaction price is 16,700 yuan/ton; the mainstream quotation in Huangshan area is 17,000 yuan/ton, the mainstream transaction price is 16,800 yuan/ton; the mainstream quotation in North China is 17,000 yuan/ton , The mainstream transaction price is 16700-16800 yuan/ton; the mainstream quotation in South China is 17,500 yuan/ton, the mainstream transaction price is 17,200 yuan/ton, down 100 yuan/ton.

On the trading day (September 9, 2011), the bisphenol A raw material market remained weak.