BPA Daily: Low center of gravity

[China Epoxy Network (China Epoxy Industry Online)May 23, 2013: The domestic bisphenol A market fluctuated and weakened, and trading was weak.
On the last trading day (May 22, 2013), the mainstream transaction prices in the East China region of the mainstream market began to enter the range of 13,400 to 13,500 yuan/ton.
According to analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market was sluggish, the center of gravity dropped, tepid, the atmosphere was sluggish, downstream wait and see, passive purchasing, confidence Insufficient and declining focus, merchants have obvious intention to ship with the market, and some futures inquiries are slightly lower at the low end; the overall market is quiet and interest in entering the market is relatively low, waiting for the direction to gradually become clear, paying attention to the recent sales of domestic products, trading is weak and heavy Consumption of contracts, the expectation of short-term negative decline is enhanced, and the buyer is not in a hurry to enter the market overall.
The focus of bisphenol A external trading has dropped slightly, the spot is down, the commodity market is weak, it is unattractive, the trading atmosphere is sluggish, the active inquiry intention is thin, and the atmosphere is thin; Kinyo offers 1750 USD/ton CFR, inquiry Intentions are scarce, and the price of intention is not high at US$1730/ton CFR, and the intention of selling cargo in Southeast Asia is US$1870-1880/ton CFR, down 20-30 US dollars/ton.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 13600-13700 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton; the mainstream quotation in Huangshan area is 13700-13800 yuan/ton, the mainstream transaction price is 13600-13700 yuan/ton; The mainstream quotation in North China is 13600-13700 yuan/ton, the mainstream transaction price is 13500 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 13800-13900 yuan/ton, and the mainstream transaction price is 13600-13700 yuan/ton.

On the trading day (May 22, 2013), the bisphenol A raw material market was narrowed and smooth.