BPA Daily: Resources are still tight

[China Epoxy Network (China Epoxy Industry Online)July 22, 2014: The domestic bisphenol A market has been volatile and the high fever has not subsided.
On the last trading day (July 21, 2014), the mainstream transaction price in East China in the mainstream market remained in the range of 14,500-14,700 yuan/ton for the time being.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market continued to run at a high level that day, and the shipment market was still fluctuating and finishing.
As prices soared, some merchants rallied.
The willingness to ship goods increased slightly, the overall offer increased, and the focus of trading was slightly lower.
At present, the overall strength of raw materials and the shortage of spot resources are expected.
It is expected that there will be no large fluctuations and narrow fluctuations.
The demand for bisphenol A in the external market was weak, and the European region failed to achieve the planned increase.
The manufacturer originally planned to freely negotiate the contract price to increase by 40 euros/ton.
Due to poor consumption, the increase was lower than expected (10-30 euros/ton), and the import market price rose.
The supply of goods is limited.
Due to the 5.
5% tariff and the reduction in the quantity of Russian goods, the supply of local installations will be further reduced during the summer maintenance.
It is expected to continue to rise, but due to weak demand, the motivation for further rise is limited.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 14800-14900 yuan/ton, the mainstream transaction price is 14500-14700 yuan/ton; the mainstream quotation in Huangshan area is 14900-15000 yuan/ton, the mainstream transaction price is 14700-14800 yuan/ton; The mainstream quotation in North China is 14800-14900 yuan/ton, and the mainstream transaction price is 14600-14700 yuan/ton; the mainstream quotation in South China is 15000-15100 yuan/ton, and the mainstream transaction price is 14700-14900 yuan/ton.

On the trading day (July 21, 2014), the bisphenol A raw material market was operating at a high level and the support is still strong: (omitted, see the full version for details).

On the trading day (July 21, 2014), domestic bisphenol A manufacturers continued to close the market and fully price.