BPA Daily: Short Market

[China Epoxy Network (China Epoxy Industry Online)December 15, 2014: The domestic bisphenol A market is short and the downward trend continues.
On the last trading day (December 12, 2014), the mainstream transaction price in the mainstream market in East China began to enter the range of 10,300 to 10,400 yuan/ton, with a downward adjustment of 600 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was light and shorts gathered on that day.
The market plummeted and continued to slide.
Crude oil continued to fall, and raw materials fell sharply.
, The overall decline of the petrochemical market, the collapse of its own cost support, the spread of panic, the willingness to clear stocks, merchants’ price cuts and promotions, downstream slashing prices, declining trading, and rumors of low prices; external disks have no market, and shipments have almost stagnated , The industry has strong expectations for its diving to make up for the decline.
The downstream avoids the risk of large fluctuations in costs, and the small orders are mainly required to purchase.
The market has hit a 4-year low and at the same time the decline is relatively fast.
There are still uncertainties in the future and both buyers and sellers are cautious.
Domestic bisphenol A market regional quotations: mainstream quotations in East China are 10500-10600 yuan/ton, down by 600 yuan/ton, mainstream transaction prices are 10300-10400 yuan/ton, and 600 yuan/ton; mainstream quotations in Huangshan area are 10600-10700 yuan/ Ton, down 600 yuan/ton, mainstream transaction price 10400-10500 yuan/ton, down 600 yuan/ton; mainstream quotation in North China 10500-10600 yuan/ton, 700 yuan/ton, mainstream transaction price 10300-10400 yuan/ton , Decrease 700 yuan/ton; mainstream quotations in South China are 10,700-10,800 yuan/ton, 600 yuan/ton, and mainstream transaction prices 10,500-10,600 yuan/ton, 600 yuan/ton.

Last trading day (December 12, 2014) The bisphenol A raw material market was in a downturn and support lost: (omitted, see the full version for details).

On the trading day (December 12, 2014), the domestic bisphenol A manufacturers had no mentality and were passive and wait-and-see.