BPA Daily: News is calm

[China Epoxy Network (China Epoxy Industry Online)May 7, 2015: The domestic bisphenol A market is sorted sideways and the market remains unchanged.
On the last trading day (May 05, 2015), the mainstream transaction price in East China in the mainstream market temporarily formed a range of 10,250 to 10,300 yuan/ton.
According to the analysis of market experts from the National Resin Network (style="vertical-align: inherit;"> ), the spot market news was calm on the day, trading was light and stable, with small fluctuations, sideways, and the cost of holding merchants was pressured.
The offer was temporarily stable.
Many domestic installations stopped.
Maintenance and other start-up loads are relatively stable, with a small amount of slightly lower and slightly higher loads.
The downstream industries are not tepid, and the raw materials remain just in demand.
The bisphenol A external market is stalemate.
In May, Jinyang’s cargo offer is above US$1,350/ton (CFR China’s main port), and most of the buying orders are not higher than US$1330/ton (CFR China’s main port).
A small amount of Southeast Asian sources sells.
US$1,480/ton (CFR China's main port); in May, with the restart of the pre-maintenance equipment and the increasing trend in supply, the industry pays close attention to the high volume of real transactions.
In view of the flat spot performance and sufficient domestic supply, downstream customers and importers are cautious in entering the market.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 10400-10500 yuan/ton, the mainstream transaction price is 10250-10300 yuan/ton; the mainstream quotation in Huangshan area is 10500-10600 yuan/ton, the mainstream transaction price is 10300-10400 yuan/ton; The mainstream quotation in North China is 10500-10600 yuan/ton, and the mainstream transaction price is 10300-10400 yuan/ton; the mainstream quotation in South China is 10600-10700 yuan/ton, and the mainstream transaction price is 10450-10500 yuan/ton.