Daily review of BPA: Insufficient buying

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 23, 2011: The domestic BPA market is under-purchasing and the market is bearish.
On the last trading day (August 22, 2011), the mainstream transaction price in the mainstream market in East China, although it remained in the range of 16,800-17,000 yuan/ton, it was mainly low-end.
According to the analysis by market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market on the day mainly focuses on the low-end consolidation.
Manufacturers’ quotations have been lowered and business reports follow the market.
Downstream users’ buying momentum is still weak and most Keep the currency and wait and see, the import and export data may be released, and the industry will wait and see how it affects the market; recently the domestic and foreign markets have been "empty", the industry's trading mentality has been frustrated, and some panic has gradually emerged.
Lower prices, and some slightly lower prices are also heard; downstream epoxy resin and polycarbonate are weak, demand is weak, and the bottom price is not clear.
It needs to be effectively confirmed by transaction volume.
It is expected that this week’s low level will fluctuate, and the price is still about to go.
Risk of falling.
The bisphenol A external disk market continues to weaken.
CFR China refers to US$2,000 to US$2080/ton in consultation with CFR China.
Most high-end prices are quoted, and the overall price is reduced by US$30/ton.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 17000-17200 yuan/ton, the mainstream transaction price is 16800-17000 yuan/ton, mainly low-end; the mainstream quotation in Huangshan area is 17300 yuan/ton, the mainstream transaction price is 17000-17200 yuan /Ton, low-end mainly; North China mainstream price 17,300 yuan/ton, mainstream transaction price 17000-17200 yuan/ton, low-end mainly; South China mainstream price 17500-17700 yuan/ton, mainstream transaction price 17300-17500 yuan /Ton, mainly low-end.

    On the trading day (August 22, 2011), the bisphenol A raw material market was reorganized at a high level (omitted, see the full version for details).

    On the trading day (August 22, 2011), domestic bisphenol A manufacturers partially compensated for the drop.