BPA Daily: pessimistic mentality

[China Epoxy Network (China Epoxy Industry Online)January 9, 2015: The domestic bisphenol A market fluctuates within a narrow range, and news remains to be seen.
On the last trading day (January 08, 2015), the mainstream transaction price in East China in the mainstream market temporarily formed a range of 9,600-9,800 yuan/ton, with an increase of 300 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market was down that day, the atmosphere was wait-and-see, oil prices plummeted, and the mentality was difficult.
As the international crude oil plummeted, the negative pressure, The petrochemical market has weakened again, the mentality of buyers and sellers has been severely impacted, and the focus of trading has fluctuated down; downstream are more cautious and wait-and-see, with the top raw materials opening sharply lower, some industry players have panic, prices have fallen further, and the wait-and-see atmosphere is extremely strong.
, Enter the market cautiously.
Since the New Year's Day, crude oil has fallen by more than 10% and its support is unbearable.
Pay close attention to the follow-up firm trading direction, and the market is expected to fluctuate downward.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 9900-10000 yuan/ton, lowered by 300 yuan/ton, mainstream transaction prices are 9600-9800 yuan/ton, lowered by 300 yuan/ton; mainstream quotations in Huangshan area are 10000-10100 yuan/ Ton, lowered by 200 yuan/ton, mainstream transaction price is 9800-9900 yuan/ton, lowered by 200 yuan/ton; mainstream quotation in North China is 10000-10200 yuan/ton, lowered by 200 yuan/ton, mainstream transaction price is 9800-9900 yuan/ton , Decrease by 200 yuan/ton; mainstream quotations in South China are 10,100-10,200 yuan/ton and 300 yuan/ton, and mainstream transaction prices are 9800-10,000 yuan/ton, 300 yuan/ton.

On the trading day (January 08, 2015), the market atmosphere of bisphenol A raw materials was fair and the support was slightly better: (omitted, see the full version for details).

On the trading day (January 08, 2015), domestic bisphenol A manufacturers continued to close the market and wait and see.