BPA Daily: Spot Weakness

[China Epoxy Network (China Epoxy Industry Online)April 27, 2015: The domestic bisphenol A market is weak and fluctuating, and raw materials are weakening.
On the last trading day (April 24, 2015), the mainstream transaction prices in the East China region of the mainstream market began to form a range of 10350-10450 yuan/ton, and the low-end was reduced by 100 yuan/ton and the high-end was reduced by 50 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)raw materials in the spot market fell sharply on that day, and the atmosphere was wait-and-see.
With the recent continued slight weakness and decline, the downstream digested inventory and passively entered the market.
Cargo-holding merchants will follow the market and increase their willingness to ship.
Some futures prices fell from the end of April to May, further suppressing the market mentality; the import volume reached about 65,000 tons in March, which was a substantial increase from the previous month.
Although Sinopec Mitsui’s installation was shut down for maintenance, There is little impact on the market, and the overall supply is still abundant, the distribution of resources is scattered, and spot transactions are slow.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 10600～10700 yuan/ton, the mainstream transaction price is 13500～14500 yuan/ton, the low-end price is reduced by 100 yuan/ton/ the high-end price is reduced by 50 yuan/ton; the mainstream price in Huangshan area is 10600～ 10,700 yuan/ton, down 100 yuan/ton, mainstream transaction price 10400~10500 yuan/ton, low end down 150 yuan/ton/high end down 100 yuan/ton; mainstream quotation in North China 10600-10700 yuan/ton, down 100 yuan /Ton, mainstream transaction price is 10450~10500 yuan/ton, down 100 yuan/ton; mainstream quotation in South China is 10800~10900 yuan/ton, mainstream transaction price is 10550~10650 yuan/ton, low-end price is lowered by 100 yuan/ton/high-end price is lowered 50 yuan/ton.

On the trading day (April 24, 2015), the bisphenol A raw material market fluctuated within a narrow range and partly dropped sharply: (omitted, see the full version for details).

On the trading day (April 24, 2015), domestic bisphenol A manufacturers had a wait-and-see attitude, and operations were temporarily stable.