BPA Daily: Narrow range operation

[China Epoxy Network (China Epoxy Industry Online)December 17, 2013: The domestic bisphenol A market oscillated and digested the increase.
On the last trading day (December 16, 2013), the mainstream transaction price in East China in the mainstream market began to maintain the range of RMB 12,350 to RMB 12,450/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market continued to operate at a high level on that day, with narrow fluctuations and consolidation, and merchants shipped mainly on the market.
Downstream costs were boosted.
The offer has been raised one after another, the follow-up fluctuation of the firm offer is temporarily limited, and the demand side support at the end of the year is still weak; the external market is currently deadlocked and the spot supply is normal.
After the downstream stage purchases, the inventory is digested.
It is expected that the market is unlikely to have large fluctuations and narrow fluctuations.
The bisphenol A external disk market fluctuates within a narrow range.
The trading atmosphere in Asia has cooled down.
However, due to the strong support of raw material costs, the low-price supply in the market is still difficult to find, and the market is deadlocked; near-ocean cargo selling intentions are above 1,600 US dollars/ton CFR, Bonded cargo offers in Southeast Asia are under US$1,750/ton CFR.
In December, cargo offers are temporarily sparse.
The mainstream negotiated price is US$1,580-1,630/ton CFR, with limited fluctuations compared to last week.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,600-12,700 yuan/ton, the mainstream transaction price is 12,350-12,450 yuan/ton; the mainstream quotation in Huangshan area is 12600-12700 yuan/ton, the mainstream transaction price is 12450-12500 yuan/ton; The mainstream quotation in North China is 12,600-12,700 yuan/ton, and the mainstream transaction price is 12,450-12500 yuan/ton; the mainstream quotation in South China is 12800-12900 yuan/ton, and the mainstream transaction price is 12550-12650 yuan/ton.

    On the trading day (December 16, 2013), the bisphenol A raw material market remained high and the atmosphere was still: (omitted, see the full version for details).

    On the trading day (December 16, 2013), domestic bisphenol A manufacturers made high offers and stable operations.