Daily review of bisphenol A: the center of gravity drops again

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 20, 2011: The domestic bisphenol A market continues to fall and the center of gravity is falling.
On the last trading day (June 17, 2011), the mainstream transaction price in the mainstream market in East China, although it remained in the range of 18,400 to 18,700 yuan/ton, it was mainly low-end.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market fluctuated at a low level and the downturn continued on that day.
There was a lack of confidence in buyers and sellers, and rumors of low prices continued.
The fall is still in doubt, the 18,000 yuan/ton mark is imminent, and the downstream market is cautious; intermediary merchants follow the downward trend of the market, and related products are weakening, and buyers are highly concerned.
At present, the relevant news is long and short, and the wait-and-see cautious mood is lingering, and the market is weak on weekends.
The pattern continues.
The bisphenol A external disk market has simultaneously declined.
In Europe, free contract negotiations fell in June.
The price was 1,860-1960 euros/ton, and the price was reduced by 40 euros/ton.
The relevant formula framework contract negotiations were as low as 1,550-1750 euros/ton (FD Northwest Europe).
Most of them are affected by the increase in supply and the decline in raw materials.
In addition, since May, the Asian region has been significantly weakened, which has also exerted certain pressure on it.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 18800 yuan/ton, the mainstream transaction price is 18400-18700 yuan/ton, mainly low-end; the mainstream quotation in Huangshan area is 18900 yuan/ton, the mainstream transaction price is 18500-18700 yuan/ton Mainly low-end; the mainstream quotation in North China is 18900 yuan/ton, the mainstream transaction price is 18500-18700 yuan/ton, and the low-end is mainly; the mainstream quotation in South China is 19300 yuan/ton, the mainstream transaction price is 18900-19200 yuan/ton, low End-oriented.

    On the trading day (June 17, 2011), the bisphenol A raw material market continued to be sorted out (omitted, see the full version for details).

    On the trading day (June 17, 2011), domestic BPA manufacturers remained on the sidelines and continued to keep a low profile.