Daily review of BPA: The atmosphere is short

[China Epoxy Network (China Epoxy Industry Online)June 15, 2012: The domestic bisphenol A market continues to weaken and bearish.
On the last trading day (June 14, 2012), the mainstream transaction price in East China in the mainstream market maintained a range of 12,000 to 12,200 yuan/ton for the time being.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the spot market continued to adjust weakly on that day, the on-site buying was inadequate, the downstream was based on sales and production, and terminal purchases were on-demand and cautious.
Mainly for building warehouses, solid manufacturers’ parking and eliminating warehouses are generally effective, and weak characteristics are still obvious.
Liquid manufacturers’ inventory is slow to digest, and the delivery of pre-orders is mainly; the disk box is fluctuating, market trading is flat, the fundamentals of market supply and demand are difficult to change, and merchants are generally Losses, marginal corporate profits (or even losses), lower rejection, hesitation and wait-and-see, there are still many uncertainties in the periphery, and short-term narrow-range consolidation of the market.
Bisphenol A external market is sparsely traded.
Near-ocean cargo is offered at US$1540~1550/ton (CFR China main port).
The market outlook lacks sufficient confidence and the buying intention is US$1,500/ton (CFR China main port); some discussions in Southeast Asia US$1650/ton (CFR China's main port), the June cargo talks will be followed up closely.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,300-12,400 yuan/ton, the mainstream transaction price is 12,000-12200 yuan/ton; the mainstream quotation in Huangshan area is 12400-12500 yuan/ton, the mainstream transaction price is 12200-12300 yuan/ton; The mainstream quotation in North China is 12400-12500 yuan/ton, and the mainstream transaction price is 12200-12300 yuan/ton; the mainstream quotation in South China is 12400-12500 yuan/ton, and the mainstream transaction price is 12100-12300 yuan/ton.

On the trading day (June 14, 2012), the bisphenol A raw material market remained weak and the atmosphere was not good.