Daily Review of Bisphenol A: Slow Trading

[China Epoxy Network (China Epoxy Industry Online)News on March 21, 2012: The domestic bisphenol A market continues to have a weak market atmosphere.
On the last trading day (March 20, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,600-13,700 yuan/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market was calm on that day, related products continued to decline, and downstream demand continued to be weak, resulting in slow trading and a wait-and-see trend.
The market is deadlocked, the terminal part is temporarily stopped, the raw materials are slowly consumed, and the spot is lacking.
In addition, even if the domestic Sinopec Mitsubishi plant is restarted, the Thai PTT plant is overhauled in the early ten days and is expected to restart.
By then, the supply of bisphenol A will increase, but the demand will still be weak.
Importers operated cautiously outside the market, news on the market was lackluster, and the market fluctuated within a narrow range in the short term.
The center of gravity of bisphenol A's external disk continued to fall.
Asian CFR China negotiated at US$1700 to US$1,790/ton, and reduced it by US$30/ton.
The main downstream epoxy resins were weak and mentality had a significant impact.
The mentality of some merchants was different, and shipments on the market increased.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 13800-13900 yuan/ton, the mainstream transaction price is 13600-13700 yuan/ton; the mainstream quotation in Huangshan area is 13900-14000 yuan/ton, the mainstream transaction price is 13700-13800 yuan/ton; The mainstream quotation in North China is 13900-14000 yuan/ton, and the mainstream transaction price is 13700-13900 yuan/ton; the mainstream quotation in South China is 14300-14400 yuan/ton, and the mainstream transaction price is 14100-14200 yuan/ton.

    On the trading day (March 20, 2012), the bisphenol A raw material market was mainly organized.