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[China Epoxy Network (China Epoxy Industry Online)July 14, 2014: The domestic bisphenol A market continues to fluctuate and is arranged sideways.
On the last trading day (July 11, 2014), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,400-13,500 yuan/ton.
According to the analysis by market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trading was light and stable and fluctuated at high levels.
The supply of goods in some areas was tight and the center of gravity shifted slightly.
The overall heavy volume situation is still general.
At present, the trend of internal and external disks is narrowing.
Although the downstream demand is not good and the decline is proceeding, the supply is not sufficient, the cost is high, the market mentality is acceptable, and the short-term narrow-range fluctuations are still in order.
The market continues; the current market spot resources are not Many, external disks remain high, domestic maintenance equipment is still a concern when it will restart, merchants still have a market mentality, short-term hedge against weak downstream demand, although the price decline is still bearish, but the high level shock is expected to continue.
The external bisphenol A market is consolidating at a high level and the trend is stabilizing.
Near-ocean cargo in Asia is offered at US$1,750/ton CFR, and in Southeast Asia is offered at US$1860-1880/ton CFR.
Most buying intentions are not higher than US$1850/ton.
CFR, rarely traded.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13600-13700 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton; the mainstream quotation in Huangshan area is 13700-13800 yuan/ton, the mainstream transaction price is 13450-13550 yuan/ton; The mainstream quotation in North China is 13600-13700 yuan/ton, and the mainstream transaction price is 13400-13500 yuan/ton; the mainstream quotation in South China is 13800-13900 yuan/ton, and the mainstream transaction price is 13600-13700 yuan/ton.
On the trading day (July 11, 2014), the bisphenol A raw material market was stable and operating at a high level: (omitted, see the full version for details).
On the trading day (July 11, 2014), domestic bisphenol A manufacturers operated at a high price and maintained their operations.
(Slightly, see the full version for details).