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Market price information for bisphenol A on July 12, 2022

2022-07-12 View Original

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Bisphenol A market outlook: Consolidation. Products, delivery locations, and quotes (in yuan): Bisphenol A for North China/East China – 12,500/12,400. Note: The daily evaluations regarding Hubei Heifeima Jiangyou Bisphenol A are for reference only and do not constitute any investment or operational advice. Entering the market based on this information is at your own risk. Overview of bisphenol A: Today, bisphenol A prices saw a slight overall decline compared to last week. Market inquiries have increased; however, the overall trading atmosphere remains sluggish, with very few actual deals being concluded. Meanwhile, affected by weak demand, there are currently few proactive quotes from sellers; they basically do not provide quotes unless asked. There are many in the industry adopting a wait-and-see attitude, and quite a few believe that prices will stop falling and rebound. However, one thing is certain: apart from end-users, there are also wait-and-see traders who hope for lower prices. Looking ahead, bisphenol A is expected to continue waiting for opportunities. Although there are signs of an overall market rebound and bisphenol A saw a slight price increase in the afternoon, ultimately it still depends on demand.

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