BPA Daily: Bottom Swing

[China Epoxy Network (China Epoxy Industry Online)News from November 19, 2013: The domestic bisphenol A market is mostly on the sidelines and the trend is stabilizing.
On the last trading day (November 18, 2013), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 11,700 to 11,750 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trading was flat and short, the international crude oil plummeted, and most of the market waited and watched, and the mentality was slightly affected.
Shipment transactions are light, merchant offers are temporarily maintained, and futures are basically concentrated in this range during the year.
At present, supply resources are sufficient and the market outlook is generally weak.
The downstream continues to maintain rigid demand purchases, and shipments are still dominated by small orders and high-volume transactions.
The bisphenol A external disk market fluctuates and is weak.
At present, it is mostly constrained by the weak trend of the spot.
It is heard that some Korean sources are negotiating US$1530~1550/ton (CFR China's main port), and the low-end is mostly received by factory users.
The selling intention of some Thai sources in the bonded market is $1,700/ton (CFR China's main port), which is unattractive.
Domestic bisphenol A market regional market: the mainstream quotation in East China is 11,800-1,1900 yuan/ton, down by 100 yuan/ton, the mainstream transaction price is 11,700-11,750 yuan/ton; the mainstream quotation in Huangshan area is 12,000-12100 yuan/ton, down by 100 yuan/ Ton, the mainstream transaction price is 11,900 to 11,950 yuan/ton; the mainstream quotation in North China is 12,000 to 12,100 yuan/ton, the mainstream transaction price is 11,800 to 11,900 yuan/ton; the mainstream quotation in South China is 12,000 to 12,100 yuan/ton, down 100 yuan/ton, The mainstream transaction price is between 11,900 and 11,950 yuan/ton.

On the trading day (November 18, 2013), the bisphenol A raw material market was organized and operated, and it is still waiting to see: (omitted, see the full version for details).

    On the trading day (November 18, 2013), domestic bisphenol A manufacturers have closed the market at a stable price and no adjustments are made for the time being.