BPA Daily: Narrow Range Weak Market

[China Epoxy Network (China Epoxy Industry Online)October 30, 2015: The domestic market and demand for bisphenol A are sluggish.
On the last trading day (October 29, 2015), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 6,650 to 6,700 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was operating in a narrow and weak position on the same day, consumption was flat and fluctuating within a narrow range, crude oil weakened, and the original negative price fell, domestic sources of supply Low output and relatively sufficient supply, buyers and sellers tend to be cautious, and the wait-and-see atmosphere is becoming stronger.
Some merchants follow the market and ship mainly; the current focus is still at a low level, domestic supply is the main source, market trading is hovering at low prices, and downstream prices are moderate.
Purchasing and spot volatility and weakening, the market is expected to fill the decline and bearish expectations have increased.
As the market's center of gravity continues to fall and buyers and sellers are paying more attention, short-term attention will be paid to related news and fluctuations are expected to operate within a narrow range.
The bisphenol A external disk is steadily weakening.
In November, the Asian region's 150-ton offshore cargo traded at US$890/ton CFR, which was slightly higher than the average market price.
Some buying intentions were at US$850-870/ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 6800-6900 yuan/ton, the mainstream transaction price is 6650-6700 yuan/ton; the mainstream quotation in Huangshan area is 6850-6950 yuan/ton, down by 50 yuan/ton, and the mainstream transaction price is 6650 ～6750 yuan/ton, down 50 yuan/ton; mainstream quotation in North China 6750-6850 yuan/ton, down 100 yuan/ton, mainstream transaction price 6600-6650 yuan/ton, down 100 yuan/ton; mainstream quotation in South China 7000 ~7100 yuan/ton, the mainstream transaction price is 6850~6900 yuan/ton.

On the trading day (October 29, 2015), the bisphenol A raw material market continued to be weak and the support was weak: (omitted, see the full version for details).

On the trading day (October 29, 2015), domestic bisphenol A manufacturers remained on the sidelines and their mentality remained unchanged.