BPA Daily: Spot downturn

[China Epoxy Network (China Epoxy Industry Online)December 17, 2015: The domestic bisphenol A market is quiet and weak.
On the last trading day (December 16, 2015), the mainstream transaction prices in the East China region of the mainstream market began to form a range of 6,700-6750 yuan/ton, and the high-end price was reduced by 50 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market was sluggish, the market was slipping, and the shipments of manufacturers and intermediaries were not smooth.
The international oil prices have fallen continuously recently.
Confidence in the petrochemical market has been frustrated.
In addition, many downstream companies have inventory to be consumed, and the buying intention is weak.
Intermediaries mainly ship to the market.
The market is quiet and high-end is only quotations.
Co-products have further weakened, increasing downstream wait-and-see, November A The import volume is 35,000 tons, which is slightly higher.
Trading in the BPA external market was quiet.
Some offshore and Southeast Asian cargoes in Asia were selling at US$900/ton CFR, sporadic inquiry intentions were low, buyers and sellers were divergent, international crude oil fell in a row in the first half of the month, and mentality was depressed.
The local continued Control the starting load.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 6800-6900 yuan/ton, down by 100 yuan/ton, mainstream transaction prices are 6700-6750 yuan/ton, and high-end prices are lowered by 50 yuan/ton; mainstream quotations in Huangshan area are 7000-7100 yuan /Ton, the mainstream transaction price is 6800-6900 yuan/ton; the mainstream quotation in North China is 68500-6950 yuan/ton, down by 50 yuan/ton, the mainstream transaction price is 6700-6750 yuan/ton, and the high-end price is reduced by 50 yuan/ton; the mainstream in South China The quotation is 7000-7100 yuan/ton, down 100 yuan/ton, the mainstream transaction price is 6900-6950 yuan/ton, and the high-end price is reduced 50 yuan/ton.

    On the trading day (December 16, 2015), the bisphenol A raw material market was supportive and its role was limited: (omitted, see the full version for details).

    On the trading day (December 16, 2015), domestic bisphenol A manufacturers clearly consolidated and reported high prices and low prices.