Daily review of BPA: Weak atmosphere

[China Epoxy Network (China Epoxy Industry Online)News on March 23, 2012: The domestic bisphenol A market is quiet and wait-and-see.
On the last trading day (March 22, 2012), the mainstream transaction price in the East China region of the mainstream market began to form a range of 13,500-13,700 yuan/ton, and the low-end was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market opened low-key and negotiated prices on the same day, the upstream raw materials were weak, the production suspension device was repaired, and the related products fell, and the merchants had obvious attitudes.
Due to the impact, shipment intentions continue to increase; current high-end transactions are not easy, the center of gravity tends to the low-end, the main downstream continues to weaken, the atmosphere is deserted, start-ups decline, finished products increase, and raw material procurement enthusiasm is obviously poor.
The bisphenol A external disk market fluctuated and weakened.
The Asian CFR China negotiated at US$1,700-1790/ton and reduced it by US$30/ton.
The weak mentality of the main downstream had a significant impact, and the mentality of some merchants was divergent, and the willingness to ship to the market increased.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 13700-13800 yuan/ton, down by 100 yuan/ton, mainstream transaction prices are 13500-13700 yuan/ton, and low-end prices are lowered by 100 yuan/ton; mainstream quotations in Huangshan area are 13800-13900 yuan/ton Yuan/ton, lowered by 100 Yuan/ton, mainstream transaction price is 13700-13800 Yuan/ton; mainstream quotation in North China is 13800-13900 Yuan/ton, lowered by 100 Yuan/ton, mainstream transaction price is 13700-13800 Yuan/ton, high-end price is lowered by 100 Yuan/ton; mainstream quotations in South China are 14200-14300 yuan/ton, lowered by 100 yuan/ton, mainstream transaction prices are 14000-14200 yuan/ton, and low-end prices are lowered by 100 yuan/ton.

On the trading day (March 22, 2012), the bisphenol A raw material market consolidation continued.