Daily Review of BPA: The transaction is still low

[China Epoxy Network (China Epoxy Industry Online)December 5, 2011: The domestic bisphenol A market is narrowed and the market outlook is waiting to be seen.
On the last trading day (December 02, 2011), the mainstream transaction price in East China in the mainstream market temporarily maintained the range of 10,800 to 11,000 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market sentiment was hovering and the momentum was slightly higher on that day.
Inquiries from downstream terminals and intermediate merchants increased, and some sellers did not have any in the morning.
Clarify the quotation, the offer seems to have a higher momentum, the actual transaction is temporarily small, the market is cooling and stagnant, the inventory is slowly consumed, the trend is more subject to the fundamentals of supply and demand, the current raw materials and downstream support are weak; the demand is flat, and the merchants unilaterally hold the market It is difficult to last.
At present, the domestic market is relatively low, and the sellers are less willing to sell.
Manufacturers are under high cost pressure and actively stabilize prices.
It is expected that short-term narrow-range consolidation and breakthroughs will not be easy.
The external market of bisphenol A was weak, the spot price rebounded, and the equipment in the Asia-Pacific region reduced production.
The low-priced goods disappeared, and follow-up closely followed.
Some offers were offered at a price of US$1,400/ton CFR or above, and US$1350/ton CFR below.
Smell less.
Domestic bisphenol A market regional quotation: mainstream quotation in East China is 11,000 yuan/ton, mainstream transaction price is 10,800-11,000 yuan/ton; mainstream quotation in Huangshan region is 11200 yuan/ton, mainstream transaction price is 10,900-11,000 yuan/ton; mainstream quotation in North China The mainstream transaction price is RMB 11,200/ton, and the mainstream transaction price is RMB 10,900-11,000/ton; the mainstream price in South China is RMB 11,500/ton, and the mainstream transaction price is RMB 11,300--11,500/ton.

    On the trading day (December 02, 2011), the bisphenol A raw material market had limited support.