Daily Review of BPA: The rebound is flat

[China Epoxy Network (China Epoxy Industry Online)October 27, 2011: The domestic bisphenol A market seems to have bottomed out, but with little effect.
On the last trading day (October 26, 2011), the mainstream transaction price in East China in the mainstream market bucked the trend and formed a range of 12,000-12,200 yuan/ton, and the low-end increased by 300 yuan/ton/ the high-end increased by 200 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the spot market was flat on that day, with strong wait-and-see.
There were not many active offers, and it was not easy to find goods temporarily.
There seems to be support, coupled with the decline, and negotiations have formed a rebound, but the high import data in September has an obvious impact on the market-more than 61,000 tons of imports have poured cold water; the market wait-and-see atmosphere has increased, the low-end supply of external disks has decreased, and the short-term is fast The rebound lacks substantial support.
The price of bisphenol A in the external market plummeted, and the Asian region was lowered by US$150-200/ton, and the CFR of 1500-1600 US dollars/ton was discussed in reference.
The weak demand and the sharp decline in the spot market became the main reasons.
Although the external market has reached the spot level, the overall wait-and-see is still strong.
Regional quotation of the domestic BPA market: the mainstream quotation in East China is 12,600 yuan/ton, the mainstream transaction price is 12,000-12,200 yuan/ton, the low-end price increases by 300 yuan/ton/ the high-end price increases by 200 yuan/ton; the mainstream quotation in Huangshan area is 12,600 yuan/ton , The mainstream transaction price is 12,000-12,300 yuan/ton, and the high-end price is increased by 300 yuan/ton; the mainstream quotation in North China is 12,300 yuan/ton, the mainstream transaction price is 12,000-12,200 yuan/ton, and the increase is 200 yuan/ton; the mainstream quotation in South China is 13,100 yuan/ Ton, the mainstream transaction price is 12500-12600 yuan/ton, the low-end price is raised by 300 yuan/ton, the high-end price is raised by 200 yuan/ton.

On the trading day (October 26, 2011), the bisphenol A raw material market continued to fall.