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[China Epoxy Network (China Epoxy Industry Online)April 4, 2014: The domestic bisphenol A market is intertwined with long and short, and trading is flat.
On the last trading day (April 03, 2014), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 12,400 to 12,500 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market atmosphere on that day was slightly better, downstream just needed purchases, actual shipments were flat, manufacturers' cost pressures, and firm offers.
Downstream demand is weak, active inquiries are still weak, high-level negotiations and transactions are not smooth; the upstream raw material atmosphere has improved slightly, but there is little boost to market A, and the industry is paying close attention to the trend of the next market in the short-term.
At present, terminal manufacturers in some areas are under inventory pressure and start-up load There is a drop.
The external market of bisphenol A is sluggish, and the Asian region is negotiating a $1,635-1,655/ton CFR and a reduction of $15/ton.
Although spot trading is slightly better, it is constrained by the depreciation of the renminbi and weak demand.
The transaction was sluggish, with sporadic Jinyang offers above US$1,700/ton CFR, and buying intentions below US$1,630/ton CFR.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 12,600-12,700 yuan/ton, the mainstream transaction price is 12,400-12500 yuan/ton; the mainstream quotation in Huangshan area is 12600-12700 yuan/ton, the mainstream transaction price is 12450-12500 yuan/ton; The mainstream quotation in North China is 12500-12600 yuan/ton, and the mainstream transaction price is 12350-12400 yuan/ton; the mainstream quotation in South China is 12800-12900 yuan/ton, and the mainstream transaction price is 12600-12700 yuan/ton.
On the trading day (April 03, 2014), the BPA raw material market was under-supported and sluggish: (omitted, see the full version for details).
On the last trading day (April 03, 2014), domestic bisphenol A manufacturers offered to maintain stability and increase production.
(Slightly, see the full version for details).