BPA Daily: Quiet trading

[China Epoxy Network (China Epoxy Industry Online)News on March 12, 2014: The domestic bisphenol A market is stale and operating.
On the last trading day (March 11, 2014), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 12,400 to 12,500 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was trading at a low price, the market was stalemate, high cost and flat demand, and the follow-up equipment was shut down for maintenance and supply.
Driven by reduction expectations, most manufacturers insisted on their offers, and some merchants shipped them on the market.
Downstream consumption of inventory and just-needed purchases were the main factors.
The intention to counter offers was low, and mainstream negotiations were concentrated on the low-end level.
Bisphenol A’s external disk is stuck in a stalemate, Asian manufacturers’ offers are high, the renminbi market is stagnant, leading to an obvious upside-down of internal and external disks, a strong wait-and-see atmosphere, and scarce transactions; small increases in prices in Europe and overhauls of Asian installations have led to a large decrease in supply.
Inquire With the increase in cargo and large-scale purchases, the local downstream epoxy resin contract negotiations in March are rather chaotic, with rising costs and improving demand, and manufacturers plan to increase prices.
Regional quotation of the domestic BPA market: the mainstream quotation in East China is 12,600-12,700 yuan/ton, the mainstream transaction price is 12,400-12500 yuan/ton; the mainstream quotation in Huangshan area is 12700-12800 yuan/ton, the mainstream transaction price is 12,500-12600 yuan/ton; The mainstream quotations in North China are 12600-12700 yuan/ton, and the mainstream transaction prices are 12500-12550 yuan/ton; the mainstream quotations in South China are 12800-12900 yuan/ton, and the mainstream transaction prices are 12600-12700 yuan/ton.

On the trading day (March 11, 2014), the bisphenol A raw material market went down, and the market was weak: (omitted, see the full version for details).

On the trading day (March 11, 2014), domestic bisphenol A manufacturers temporarily stabilized their offers and partly overhauled them.