BPA Daily: Narrow gains

[China Epoxy Network (China Epoxy Industry Online)News on May 16, 2014: The domestic bisphenol A market is improving within a narrow range and the mentality is slightly changed.
On the last trading day (May 15, 2014), the mainstream transaction price in East China in the mainstream market temporarily formed a range of 12,200-12,300 yuan/ton, and the high-end price increased by 50 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market on the same day has been temporarily consolidated and has risen.
The overall amount of imported spot resources is not large, and the cost promotion is slow and the offer is up.
Downstream users and intermediary merchants are cautiously following up, and the market trading activity is acceptable; the overall trading focus is in the low-end position, some small single merchants have a slightly higher turnover, and ocean trading prices are lower than the low end, and some ocean trading prices are slightly lower.
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The bisphenol A external market is optimistic.
The Euro/US dollar exchange rate in Europe is very favorable for imports.
Buyers seek Chinese manufacturers’ quotations.
The first Russian factory actively sells to Europe.
There will be no cargo before the Russian holiday on May 11 and freely negotiate the contract price.
Stable, due to the increase in pure benzene in May and the formula contract price of 1,500 euros/ton.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 12400-12500 yuan/ton, raised by 100 yuan/ton, mainstream transaction prices are 12200-12300 yuan/ton, and high-end prices are raised 50 yuan/ton; mainstream quotations in Huangshan area are 12400-12500 yuan /Ton, mainstream transaction price is 12200-12350 yuan/ton, high-end price is increased by 50 yuan/ton; mainstream quotation in North China is 12300-12400 yuan/ton, mainstream transaction price is 12100-12200 yuan/ton; mainstream quotation in South China is 12600-12700 yuan/ Ton, the mainstream transaction price is 12,400~12,500 yuan/ton, and the high-end price is raised by 50 yuan/ton.

    On the trading day (May 15, 2014), the bisphenol A raw material market fluctuated within a narrow range and the atmosphere maintained: (omitted, see the full version for details).

    On the trading day (May 15, 2014), domestic bisphenol A manufacturers shipped steadily and operated sluggishly.