Daily review of bisphenol A: slow shipments

[China Epoxy Network (China Epoxy Industry Online)November 7, 2011: The domestic bisphenol A market is calm and weak.
On the last trading day (November 04, 2011), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 12,500 to 12,700 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market was calm on that day, the pace of trading was slow, and the industry was under pressure on costs, temporarily holding on to wait and see, and wait and see.
Changes and trading have cooled down.
Buyers mostly wait and see, and their willingness to actively enter the market is weak.
Firm deals are temporarily limited and on-demand purchases are the main ones.
Spots are sluggish and wait-and-see increases.
Some merchants have gradually increased their willingness to ship.
Sinopec Mitsui's equipment is temporarily overhauled, Sinopec Mitsubishi's installation is waiting to be seen, and related products are weak, leading to lower downstream revenue.
The current overall supply of bisphenol A is still scattered and the market mentality is different.
It is expected that short-term shocks are still the main topic.
The bisphenol A external market has cooled down.
With frequent spot fluctuations in the Asian market, some intermediate merchants’ offers fell to around US$1550/ton CFR, and some changed hands to negotiate US$1500~1530/ton CFR.
Further attention.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13,000 yuan/ton, the mainstream transaction price is 12,500-12,700 yuan/ton; the mainstream quotation in Huangshan area is 13,000 yuan/ton, the mainstream transaction price is 12700-12800 yuan/ton; the mainstream quotation in North China 13,000 yuan/ton, mainstream transaction price is 12,700-12800 yuan/ton; mainstream quotation in South China is 13,500 yuan/ton, mainstream transaction price is 13,000-13200 yuan/ton.

    On the trading day (November 04, 2011), the bisphenol A raw material market continued to be sorted out.