BPA Daily: Moderate rise

[China Epoxy Network (China Epoxy Industry Online)February 29, 2016: The domestic bisphenol A market offers firm and narrow increases.
On the last trading day (February 26, 2016), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 7000-7200 yuan/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market manufacturers are very priced, the market is slightly warmer, the supply side and the cost side are currently supported, and the manufacturers’ offers are collectively pushed.
Crude oil fluctuated above, raw materials rose in a narrow range, foreign markets remained high and difficult to move, and the price rose in a narrow range.
Importers were mainly operating at high prices.
Offer prices rose in a narrow range and low-priced sources of goods gradually decreased; downstream stocks accumulated around festivals and slow consumption after the holidays , The overall load increase pace is slightly slower, it is still mainly for inventory digestion, recovery is slow, digestion is sluggish, the number of new orders is not large, and some small orders just need to be supplemented.
Although the cost pressure is further increased, the spot response is generally restricted by demand.
Therefore, high-end trading volume is still average, but the overall spot circulation resources are not much at present, and the market buyers and sellers are cautiously optimistic.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 7300-7400 yuan/ton, the mainstream transaction price is 7000-7200 yuan/ton; the mainstream quotation in Huangshan area is 7350-7450 yuan/ton, raised by 50 yuan/ton, and the mainstream transaction price is 7150 ~7250 yuan/ton, an increase of 50 yuan/ton; the mainstream quotation in North China is 7200-7300 yuan/ton, the mainstream transaction price is 6950-7100 yuan/ton; the mainstream quotation in South China is 7500-7600 yuan/ton, the mainstream transaction price is 7200-7400 Yuan / ton.

On the trading day (February 26, 2016), the bisphenol A raw material market maintained a trend and lingering atmosphere: (omitted, see the full version for details).

On the trading day (February 26, 2016), domestic bisphenol A manufacturers had slightly stronger operations and clear offers.