Bisphenol A Daily: Trading Turns Sluggish

[China Epoxy Network (China Epoxy Industry Online)October 27, 2014: The domestic bisphenol A market lacks confidence and costs are falling.
On the last trading day (October 24, 2014), the mainstream transaction price in East China in the mainstream market began to form a range of 13,400~13,500 yuan/ton, and the low-end was reduced by 100 yuan/ton and the high-end was reduced by 200 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market turned weak, with a wait-and-see atmosphere, narrow fluctuations, and weak raw materials.
Low prices turn to less, selling pressure from holding merchants is released, downstream just need to enter the market for purchases, and the focus of trading is gradually shifting; however, as raw materials continue to decline and its own A external disk weakens, near the end of the month, domestic maintenance equipment restarts, and subsequent spot supply increases are expected to heat up , Lack of confidence, weakened trading, and futures delivery fell at the end of October.
However, there are not many spot resources and downstream inventories are digested.
Pay close attention to the progress of Sinopec Mitsubishi.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13800-13900 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton, the low-end price is reduced by 100 yuan/ton/ the high-end price is reduced by 200 yuan/ton; the mainstream quotation in Huangshan area is 13900～ 14,000 yuan/ton, mainstream transaction price 13600-13700 yuan/ton, down 100 yuan/ton; mainstream quotation in North China 13900-14,000 yuan/ton, mainstream transaction price 13600-13700 yuan/ton, down 100 yuan/ton; South China The mainstream price is 14000-14100 yuan/ton, the mainstream transaction price is 13600-13700 yuan/ton, the low-end price is reduced by 100 yuan/ton, the high-end price is reduced by 200 yuan/ton.

On the trading day (October 24, 2014), the bisphenol A raw material market was running empty and mainly weak: (omitted, see the full version for details).

On the trading day (October 24, 2014), domestic BPA manufacturers continued to stop reporting and still wait and see.