Daily Review of Bisphenol A: Sustained Falling

[China Epoxy Network (China Epoxy Industry Online)News from November 18, 2011: The domestic bisphenol A market continues to be sluggish, and the market continues to fall.
On the last trading day (November 17, 2011), the mainstream transaction price in the mainstream market in East China has formed a range of 11,500 to 11,700 yuan/ton, and a reduction of 100 yuan/ton.
According to analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the contradiction between supply and demand in the spot market on that day was prominent, and the center of gravity continued to drop.
Most of the small orders are on-demand and purchases at reasonable prices.
Some second-hand businesses share the upfront costs and inhale bargain-hunting.
At present, resources are abundant and follow-up arrivals continue.
External disk pressure still exists, upstream and downstream overall weakness, multiple pressures, and short-term weak markets are expected pattern.
The BPA external market has softened.
In Asia, 200 tons of bonded cargoes traded at US$1,430/ton CFR, and 300 tons were traded at US$1,460/ton CFR, some of which were received by end customers; Thailand’s 2 orders totaled 600 tons at US$1600/ton CFR.
, Fell 50-80 US dollars / ton; Sino-Ocean firm offer is scarce, 1,000 tons of US goods sold at 1,500 US dollars / ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,000 yuan/ton, the mainstream transaction price is 11,500 to 11,700 yuan/ton, and the price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 12,100 yuan/ton, and the mainstream transaction price is 11,700 to 11,900 yuan/ton.
Tons, low-end prices are reduced by 100 yuan/ton; the mainstream quotation in North China is 12,000 yuan/ton, the mainstream transaction price is 11,700~11,800 yuan/ton, and the mainstream transaction price is reduced by 100 yuan/ton; the mainstream quotation in South China is 12,500 yuan/ton, and the mainstream transaction price is 12,000-12200 Yuan/ton, down 100 Yuan/ton.

    On the trading day (November 17, 2011), the bisphenol A raw material market was weakened.