BPA Daily: Narrow fluctuations

[China Epoxy Network (China Epoxy Industry Online)December 30, 2013: The domestic bisphenol A market continues to be flat and weak trading.
On the last trading day (December 27, 2013), the mainstream transaction price in the East China region of the mainstream market was temporarily maintained in the range of 12100-12150 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market entered the market with a low level of light on the day and was mainly organized.
The trading atmosphere was thin, the market fluctuated within a narrow range, and downstream contracts were digested.
Inventory-oriented, active sourcing is scarce, second-hand merchants' participation is also cooling, downstream parts just need to purchase; raw material pure benzene spot up, phenol box shocks, acetone keeps falling, long and short intertwined but support is acceptable, manufacturers quote Maintaining stability, some firm shipments weakened.
The bisphenol A external market is sparsely traded, pure benzene in Asia has risen, and profits are compressed.
Downstream demand at the end of the year is sluggish and manufacturers are unable to raise prices.
The buyer and sellers have a large price gap.
Sellers will clear their warehouses and reduce prices at the end of the year.
The spot price of small orders in India has risen, buyers are buying on demand, and it is expected to cover up positions before the Chinese New Year.
Demand may pick up, and the short-term outlook is still optimistic.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 12,200-12,300 yuan/ton, and the mainstream transaction price is 12,100-12,150 yuan/ton; the mainstream quotation in Huangshan area is 12400-12500 yuan/ton, and the mainstream transaction price is 12200-12300 yuan/ton; The mainstream quotation in North China is 12,400-12500 yuan/ton, and the mainstream transaction price is 12,200-12,300 yuan/ton; the mainstream quotation in South China is 12400-12500 yuan/ton, and the mainstream transaction price is 12300-12500 yuan/ton.

    On the trading day (December 27, 2013), the bisphenol A raw material market maintained an atmosphere with mixed trends: (omitted, see the full version for details).

    On the last trading day (December 27, 2013), domestic BPA manufacturers were still quoting prices with a mediocre mentality.