Bisphenol A Daily: All the bad news

[China Epoxy Network (China Epoxy Industry Online)October 20, 2014: The domestic bisphenol A market continues to fall and bears are filled.
On the last trading day (October 17, 2014), the mainstream transaction price in East China in the mainstream market temporarily maintained the range of 13,300-13,500 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market was weak and fell off a cliff, international crude oil plummeted, bulk commodities fell, and many products showed an acceleration trend.
Coupled with the replenishment of its own imports and the imminent drive of some devices, the market is full of short-selling atmosphere, manufacturers sell goods at low prices and fled, the market has plummeted and the market outlook is uncertain.
The monthly external market of bisphenol A was sparsely traded.
In late October, some Southeast Asian sources traded at US$1,850/ton (CFR China's main port), which was lowered by more than US$200/ton from before the National Day.
The upstream pure benzene and phenol fell inertially, and import merchants The losses have intensified and the underperformance has decreased.
The downstream just needs to purchase mainly, and some of the currencies are waiting and waiting for the market to become clear.
The downward trend of the market has begun to slow down, but the market outlook still lacks confidence.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 13600-13700 yuan/ton, the mainstream transaction price is 13300-13500 yuan/ton; the mainstream quotation in Huangshan area is 13700-13800 yuan/ton, the mainstream transaction price is 13500-13600 yuan/ton; The mainstream quotation in North China is 13700-13800 yuan/ton, and the mainstream transaction price is 13500-13600 yuan/ton; the mainstream quotation in South China is 13800-13900 yuan/ton, and the mainstream transaction price is 13500-13700 yuan/ton.

On the trading day (October 17, 2014) the bisphenol A raw material market was mainly empty, and the weak position remained unchanged: (omitted, see the full version for details).

    On the trading day (October 17, 2014), domestic bisphenol A manufacturers continued to stop trading and wait and see the follow-up.