BPA Daily: Adjustment by manufacturers

[China Epoxy Network (China Epoxy Industry Online)December 9, 2013 news: The domestic bisphenol A market raw materials are rising and improving.
On the last trading day (December 06, 2013), the mainstream transaction price in the mainstream market in East China was temporarily maintained in the range of 11,900 to 12,000 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market on the same day was slowly finishing, and manufacturers’ prices were moderately raised later.
Domestic pure benzene went up, and the trend of phenol ketone was fair.
Cost support can be expected, sellers are actively operating, oil prices continue to rise, raw materials continue to be high, and the market mentality may have a slight intention to promote it.
The bisphenol A external market has sluggish transactions, the price difference between buyers and sellers in Asia and the Pacific region, and the market has weakened steadily.
Market participants are cautious, and their buying intentions have diminished; most sellers have firm quotations and are unwilling to reduce profits.
Some manufacturers have suffered losses and therefore considered leaving the market to wait and see , But there are attempts to sell goods at low prices and withdraw cash; downstream demand is not good, especially in the epoxy resin industry, purchase intentions are still sluggish, worried about further decline in the market outlook, market sentiment is pessimistic, wait and see whether prices continue to slide.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,100-12,150 yuan/ton, the mainstream transaction price is 11,900-12,000 yuan/ton; the mainstream quotation in Huangshan area is 12200-12300 yuan/ton, the mainstream transaction price is 12100-12150 yuan/ton; The mainstream quotation in North China is 12250-12300 yuan/ton, and the mainstream transaction price is 12100-12150 yuan/ton; the mainstream quotation in South China is 12300-12350 yuan/ton, and the mainstream transaction price is 12100-12200 yuan/ton.

On the trading day (December 06, 2013), the bisphenol A raw material market remained tidy and hovered at a high level: (omitted, see the full version for details).

On the last trading day (December 06, 2013), domestic bisphenol A manufacturers' offers followed up, and the trend is unknown.