Daily Review of Bisphenol A: The atmosphere is slightly softer

[China Epoxy Network (China Epoxy Industry Online)November 4, 2011: The domestic bisphenol A market sentiment has weakened and the center of gravity has fallen slightly.
On the last trading day (November 03, 2011), the mainstream transaction price in the East China region of the mainstream market began to form a range of 12,500 to 12,700 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trading was relatively quiet that day, the weakening of the external environment and the small selling intention had an impact, and the terminal firm offer was slightly lower.
It is also heard that the status of related products has been deteriorating recently.
In the face of overall weakening of raw materials and strong downstream wait-and-see, on-demand procurement is the main focus, and the price center is shifted; the fundamentals of bisphenol A supply and demand have not changed significantly, and the mentality is subtle.
The impact cannot be ignored.
During the week, the spot trend was warm and then weak.
Pay close attention to the changes in related news and expect the market to continue within a narrow range.
The focus of the bisphenol A external disk market is slightly upward.
From the end of October to November in Northeast Asia, the selling intention for exports to the Middle East, India, and Europe was 1,570-1600 USD/ton FOB, and the buying intention was 20-30 USD/ton lower than this.
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, down by 100 yuan/ton; the mainstream quotation in Huangshan area is 13,000 yuan/ton, down by 200 yuan/ton, and mainstream transactions The price is 12,700-12,800 yuan/ton, and the high-end price is reduced by 200 yuan/ton; the mainstream quotation in North China is 13,000 yuan/ton, the mainstream transaction price is 12,700-12,800 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 13,500 yuan/ton, The mainstream transaction price is 13000-13200 yuan/ton, down 100 yuan/ton.

On the trading day (November 03, 2011), the bisphenol A raw material market was mainly organized.