BPA Daily: Market stalemate

[China Epoxy Network (China Epoxy Industry Online)July 4, 2014: The domestic bisphenol A market is partially weak and cautiously chasing the rise.
On the last trading day (July 03, 2014), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 13,500-13,550 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trend slowed down that day, stalemate finishing, cost support, manufacturers and importers stable shipments, second-hand merchants Wait and see, the downstream production and sales are flat, small orders just need to be purchased, the pace of trading is slow, and there are few active inquiries; the decline in related products has increased terminal wait-and-see, the terminal digests contract goods, some just need to purchase at reasonable prices, and the market is sideways.
The trend of raw materials has stabilized, supported by cost and supply, and short-term narrow fluctuations are expected to continue.
The external market of bisphenol A is operating at a high level.
The Asian region is negotiating a CFR of 1,700-1,760 US dollars/ton, and an increase of 15-20 US dollars/ton.
Raw material prices are strong and cost pressures are obvious.
Both manufacturers and merchants are actively raising prices, but downstream demand is slowing down.
Spot price stagnation is sorted out, and the high level of imports is currently negotiating cautiously.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 13600-13700 yuan/ton, the mainstream transaction price is 13500-13550 yuan/ton; the mainstream quotation in Huangshan area is 13700-13800 yuan/ton, the mainstream transaction price is 13550-13600 yuan/ton; The mainstream quotation in North China is 13700-13800 yuan/ton, the mainstream transaction price is 13500-13600 yuan/ton; the mainstream quotation in South China is 13900-14900 yuan/ton, and the mainstream transaction price is 13700-13750 yuan/ton.

On the trading day (July 03, 2014), the bisphenol A raw material market showed a strong and overall high level: (omitted, see the full version for details).

On the last trading day (July 03, 2014), domestic BPA manufacturers maintained their shipments and temporarily stabilized their offers.