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[China Epoxy Network (China Epoxy Industry Online)October 10, 2013: The domestic bisphenol A market lacks confidence, less moves and more attention.
On the last trading day (October 09, 2013), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 12,700-12,800 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market remained calm that day.
During the National Day, international crude oil fluctuated repeatedly, and Asian pure benzene fell further.
Market activity has declined, foreign commodity prices have not changed much, their own demand continues to be weak, merchants are actively shipping, prices are falling, and the mentality is cautious.
After the holiday, they are inertial and looking for directions.
It is difficult to have large fluctuations and narrow adjustments.
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Bisphenol A external market trading is sluggish, the Asian region fluctuates and weakens, and active inquiries are rare.
Most importers and downstream terminals lack confidence in the market.
At present, there are few real trading news heard; offshore cargo offers are still at 1600 The US dollar/ton CFR is above and lacks any attractiveness.
The firm offers of ocean-going cargoes are scarce, some negotiated at US$1660-1670/ton CFR, Thailand’s PTT offer is temporarily small, and some of the intended prices are below US$1760/ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,900 to 13,000 yuan/ton, and the mainstream transaction price is 12,700 to 12,800 yuan/ton; the mainstream quotation in Huangshan area is 13,000 to 13,100 yuan/ton, and the mainstream transaction price is 12,900 to 12950 yuan/ton; The mainstream quotation in North China is 13050-13150 yuan/ton, and the mainstream transaction price is 12900-12950 yuan/ton; the mainstream quotation in South China is 13100-13200 yuan/ton, and the mainstream transaction price is 12900-13000 yuan/ton.
On the trading day (October 09, 2013), the bisphenol A raw material market was weak and narrowed and wait-and-see: (omitted, see the full version for details).
On the last trading day (October 09, 2013), domestic bisphenol A manufacturers maintained their quotations and started operations to stabilize their wealth.
(Slightly, see the full version for details).