Daily Review of BPA: Still Weak

[China Epoxy Network (China Epoxy Industry Online)November 22, 2011: The domestic bisphenol A market is still weak and the market is sluggish.
On the last trading day (November 21, 2011), the mainstream transaction price in East China in the mainstream market temporarily maintained the range of 11,500 to 11,700 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the spot market on that day was mostly on the sidelines and the direction remains to be clarified.
The high-end prices are mostly quotations, and the prices continue to be less.
Refer to the discussion.
Focusing on the medium and low levels and paying close attention to relevant news, the current domestic and foreign markets have fallen to a two-year low; at the same time, the downstream-epoxy resin and polycarbonate-are generally weak.
Related products bucked the market and increased downstream wait-and-see sentiment.
The contradiction between oversupply and demand is prominent.
The import data of A in October will be released soon, and the market will pay close attention to it.
The BPA external market closed down, demand was weak, inventories were high, China's spot stocks fell further, and the Asian regional market fell further.
CFR China reference negotiation was US$1400-1460/ton, down US$50/ton, and low US$1,400/ton CFR Basically form the dominant.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,000 yuan/ton, the mainstream transaction price is 11,500 to 11,700 yuan/ton; the mainstream quotation in Huangshan area is 12,100 yuan/ton, the mainstream transaction price is 11,700 to 11,900 yuan/ton; the mainstream quotation in North China 12,000 yuan/ton, the mainstream transaction price is 11,700 to 11,800 yuan/ton; the mainstream quotation in South China is 12,500 yuan/ton, and the mainstream transaction price is 12,000 to 12,200 yuan/ton.

    On the trading day (November 21, 2011), the bisphenol A raw material market was operating weakly.