BPA Daily: Merchants are reluctant to sell

[China Epoxy Network (China Epoxy Industry Online)November 22, 2013: The domestic bisphenol A market has improved and rebounded within a narrow range.
On the last trading day (November 21, 2013), the mainstream transaction price in the mainstream market in East China temporarily formed a range of 11,900 to 12,000 yuan/ton, with an increase of 100 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)spot market merchants were reluctant to sell, trading increased, narrowly fluctuated, and prices were positively increased.
Manufacturer sentiment improved and buyers made inquiries.
Increase, part of the control of shipments and the center of gravity of trading rose.
The bisphenol A external disk market has been sorted out.
Near-ocean cargo is expected to be traded at US$1540～1550/ton CFR, and the buying intention is below the low-end.
Bonded cargo is traded at US$1550/ton CFR, and part of Southeast Asia’s cargo is traded at US$1680-1700/ Tons of CFR and buying intentions are concentrated on the low end.
With spot prices stopping falling and bonded selling intentions at US$1,700 per ton of CFR slightly higher, firm trading of ocean-going sources is still seldom heard.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 12,100-12,200 yuan/ton, increased by 200 yuan/ton, mainstream transaction prices are 11,900-12,000 yuan/ton, and increased by 100 yuan/ton; mainstream quotations in Huangshan area are 12300-12400 yuan/ Ton, raise 100 yuan/ton, mainstream transaction price 12000-12100 yuan/ton, raise 100 yuan/ton; mainstream quotation in North China is 12200-12300 yuan/ton, raise 200 yuan/ton, mainstream transaction price is 12000-12100 yuan/ton , The low-end price will be raised by 100 yuan/ton/ the high-end price will be raised by 50 yuan/ton; the mainstream quotations in South China will be raised by RMB 12,300-12,400/ton, by 200 yuan/ton, the mainstream transaction prices will be raised by RMB 12,100-12,200/ton, and the high-end prices will be raised by 100 yuan/ton.

On the trading day (November 21, 2013), the bisphenol A raw material market sorted out a narrow and wait-and-see atmosphere: (omitted, see the full version for details).

On the trading day (November 21, 2013), domestic BPA manufacturers resumed their bids and maintained their mentality.