BPA Daily: Downturn

[China Epoxy Network (China Epoxy Industry Online)December 8, 2014: The domestic bisphenol A market has been declining and the spot is fluctuating.
On the last trading day (December 05, 2014), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,300-13,400 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the spot market is still tight at present, the overall replenishment resources for imports are not much, and domestic manufacturers have insufficient inventory and temporary stable prices.
Shipments, the lack of downstream benefits, coupled with the sharp drop in oil prices, and the downturn in bulk chemical products have been adjusted significantly; the industry has a strong "fear of falling" mentality, maintaining rigid demand production, and the industry's starting load lacks improvement.
Buyers continue to purchase small orders for rigid demand, and offers slightly weaker.
There are few active inquiries, the market is hovering at a low level, and the follow-up trend of dual raw materials is closely monitored.
Some small spot orders just need to be purchased.
The bisphenol A external disk continued to weaken.
Active enquiries in Asia were scarce and sporadic low-end intentions.
The plunge in crude oil intensified the downward trend of petrochemical products.
The overall decline in the upstream was adjusted downward, which confirmed market expectations to a certain extent.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13500-13600 yuan/ton, the mainstream transaction price is 13300-13400 yuan/ton; the mainstream quotation in Huangshan area is 13600-13700 yuan/ton, the mainstream transaction price is 13350-13400 yuan/ton; The mainstream quotation in North China is 13600-13700 yuan/ton, and the mainstream transaction price is 13350-13500 yuan/ton; the mainstream quotation in South China is 13700-13800 yuan/ton, and the mainstream transaction price is 13500-13600 yuan/ton.

On the last trading day (December 05, 2014), the bisphenol A raw material market declined sharply and support was greatly reduced: (omitted, see the full version for details).

On the trading day (December 05, 2014), domestic bisphenol A manufacturers have sluggish costs, and wait-and-see continues.