BPA Daily: A new low

[China Epoxy Network (China Epoxy Industry Online)July 14, 2015: The domestic bisphenol A market hit a new low and continued its downward trend.
On the last trading day (July 13, 2015), the mainstream transaction price in the mainstream market in East China began to form a range of 8500-8600 yuan/ton, with a reduction of 200 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market was inertially waiting and watching, sluggish, and trading was quiet, and the downturn continued, despite the rebound in oil prices and the rapid rise in the stock market.
However, the fundamentals of market supply and demand lacked improvement, the light pattern continued, some buyers wait and see, there is no clear quotation for the time being, many brothers have a single talk, sporadic inquiry intention is not high; inertia wait and see increased, actual transactions are scarce, overall shipments are few, and market outlook Confidence, the downstream holding currency waits and sees, waiting for the market to gradually become clear, and buying intentions are generally below the low end.
In view of the weak downstream demand and close attention to the direction of raw materials, it is expected that the market weakness is expected to bottom out.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 8700-8800 yuan/ton, down 200 yuan/ton, mainstream transaction prices are 8500-8600 yuan/ton, 200 yuan/ton; mainstream quotations in Huangshan area 8800-8900 yuan/ Ton, lowered by 200 yuan/ton, mainstream transaction price 8600-8700 yuan/ton, lowered 200 yuan/ton; mainstream quotation in North China 8800-8900 yuan/ton, lowered 100 yuan/ton, mainstream transaction price 8600-8700 yuan/ton , Lower 100 yuan/ton; mainstream quotations in South China are 8900-9000 yuan/ton, lowered by 200 yuan/ton, mainstream transaction prices are 8700-8800 yuan/ton, lowered by 200 yuan/ton.

On the trading day (July 13, 2015), the market sentiment for bisphenol A raw materials was still weak and the support was weak: (omitted, see the full version for details).

On the trading day (July 13, 2015), the domestic production of bisphenol A increased and the market was waiting to be seen.