BPA Daily: Slow recovery

[China Epoxy Network (China Epoxy Industry Online)February 22, 2016: The domestic bisphenol A market fluctuates within a narrow range and the market is hovering.
On the last trading day (February 19, 2016), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 7000-7100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market demand started slowly on that day, the firm transaction was temporarily small, the mentality of the industry was different, the international crude oil was ups and downs, and the cost was supported.
However, due to the influence of festivals, the downstream recovery is slow, most of them digested the previous inventory, and the spot part of the inquiry price is looking for the direction.
There are few substantial discussions in the market for the time being.
Domestic companies have been promoted by the increase in raw materials, some of the offers have gradually increased, and some of the inventory pressure Gradually increasing, mainly on the market, price fluctuations are not obvious for the time being; downstream spot users’ purchases are weak, basically there is less market, some small purchase prices are slightly higher, the market is uneven, domestic and foreign manufacturers continue to reduce production and insuring prices in February , Coupled with cost and supply side support, the mentality of both buyers and sellers in the market is acceptable.
The bisphenol A external market is unknown.
Downstream and importers have returned to the market one after another, but the spot demand has not yet started normally.
There are few firm offers and a small number of offers are the same as the previous ones.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 7200-7300 yuan/ton, mainstream transaction prices are 7000-7100 yuan/ton; mainstream quotations in Huangshan area are 7250-7350 yuan/ton, mainstream transaction prices are 7000-7150 yuan/ton; The mainstream quotation in North China is 7000-7100 yuan/ton, and the mainstream transaction price is 6800-6900 yuan/ton; the mainstream quotation in South China is 7400-7500 yuan/ton, and the mainstream transaction price is 7200-7300 yuan/ton.

On the trading day (February 19, 2016), the market sentiment of bisphenol A raw materials was hovering and the trend maintained: (omitted, see the full version for details).

On the trading day (February 19, 2016), domestic bisphenol A manufacturers weakly offered offers and maintained operations.