Daily Review of Bisphenol A: Wait and See

[China Epoxy Network (China Epoxy Industry Online)News on June 1, 2012: The wait-and-see atmosphere in the domestic bisphenol A market has been interrupted.
On the last trading day (May 31, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 12,500 to 12,700 yuan/ton.
According to analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)real trading in the spot market on that day is scarce, downstream terminals and second-hand merchants are cautious in entering the market, and direct users consume more finished product inventory.
, Demand is weak, and there are still many uncertainties in the periphery.
The negotiation is temporarily less volatile, and high-end prices have no market; the short pressure is gradually diluted, the cautious mood is increasing, the fundamentals of supply and demand are lacking, and the momentum for long-term purchases is insufficient.
Buyers are interested in entering the market in bulk purchases.
Not big, the market is expected to continue to fluctuate weakly.
The increase in bisphenol A’s external market inquiries was mostly affected by the slightly better cut-off spot atmosphere, but most of the counter-offer intentions were below US$1,600/ton (CFR China’s main port), and some South Asian cargoes changed hands at US$1,600/ton (CFR China’s main port).
Hong Kong), slightly lower 10-20 US dollars / ton trading is also heard.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,700-12,900 yuan/ton, and the mainstream transaction price is 12,500-12,700 yuan/ton; the mainstream quotation in Huangshan area is 12800-13,000 yuan/ton, and the mainstream transaction price is 12,500-12700 yuan/ton; The mainstream quotation in North China is 12,700-12,900 yuan/ton, and the mainstream transaction price is 12,500-12,700 yuan/ton; the mainstream quotation in South China is 12800-13,000 yuan/ton, and the mainstream transaction price is 12,600-12800 yuan/ton.

On the trading day (May 31, 2012), the bisphenol A raw material market fluctuated within a narrow range and continued to adjust.