Daily review of BPA: shock recovery

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 9, 2011: The domestic bisphenol A market fluctuated higher and recovered within a narrow range.
On the last trading day (December 08, 2011), the mainstream transaction price in East China in the mainstream market has formed a range of RMB 11,100 to RMB 11,300/ton, with an increase of RMB 100/ton.
According to analysis by market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market continued to rise on the same day, but high-end transactions were not easy and the situation was cold from heights.
Related product manufacturers bucked the market.
The industry is concerned about the current situation of BPA trading and is expected to be at a high level.
However, there is a lack of significant improvement in demand, and some large downstream factories have even reduced their load.
There are many criticisms about the overall upward trend of raw materials.
Trading in the external market of bisphenol A was limited.
During the week, some intermediate merchants changed hands at US$1,390 to US$1,400/ton (CFR China's main port), and the buying intentions for cargo above US$1,400/ton in December were cautious.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 11,500 yuan/ton, an increase of 300 yuan/ton, the mainstream transaction price is 11,100~11,300 yuan/ton, an increase of 100 yuan/ton; the mainstream quotation in Huangshan area is 11,600 yuan/ton, an increase of 200 RMB/ton, mainstream transaction price 11300-11400 yuan/ton, low-end price increase 100 yuan/ton/high-end price increase 200 yuan/ton; mainstream quotation in North China area 11,600 yuan/ton, 200 yuan/ton, mainstream transaction price 11300-11400 RMB/ton, 100 RMB/ton for the low-end/ RMB 200/ton for the high-end; 12,000 RMB/ton, RMB 3,200/ton for mainstream quotations in South China, RMB 11,500-11800/ton, RMB 100/ton for mainstream transactions.

On the trading day (December 08, 2011), the bisphenol A raw material market was sorted out.