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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 9, 2011: The domestic bisphenol A market is weak and the market is confused.
On the trading day (August 08, 2011), the mainstream transaction price in the mainstream market in East China temporarily maintained the range of 17,200-17,300 yuan/ton, and no longer focused on high-end products.
The market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn indicated that the outlook for the spot market on that day was not very clear.
Last week, the international crude oil plummeted and the spot bisphenol A rose against the market.
In a narrow range, the European crisis has risen again, S&P downgrades the U.
S.
rating, worrying about the negative trend and weakening of the chemical industry; although the price of bisphenol A plants is still very high, the negative environment cannot be underestimated.
Concerned about related news, the United States loses for the first time With a 3A rating, oil prices, stocks, and futures markets are all green, market confidence is in desperation, bisphenol A is on the sidelines, some offers fell slightly, and the overall panic mentality.
The bisphenol A external market went up, and the offer rose to US$2150/ton CFR, 200 tons of cargo at the end of August/September was sold at US$2120/ton CFR, and 300 tons of immediate delivery goods were sold at US$2130/ton; some ocean-going epoxy Class-class bonded offer is US$2180/ton CFR; in early August, the transaction for loading 300 tons of cargo was at US$2,080/ton CFR, and the buyer is unknown.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 17,500 yuan/ton, the mainstream transaction price is 17200-17300 yuan/ton; the mainstream quotation in Huangshan area is 17,500 yuan/ton, the mainstream transaction price is 17200-17400 yuan/ton; the mainstream quotation in North China 17,500 yuan/ton, the mainstream transaction price is 17200-17300 yuan/ton; the mainstream quotation in South China is 18,000 yuan/ton, and the mainstream transaction price is 17700-17800 yuan/ton.
On the trading day (August 08, 2011), the bisphenol A raw material market was temporarily stable (omitted, see the full version for details).
On the trading day (August 08, 2011), domestic bisphenol A manufacturers continued to push up.
(Slightly, see the full version for details).