BPA Daily: Supply and demand confrontation

[China Epoxy Network (China Epoxy Industry Online)December 21, 2015: The domestic bisphenol A market is a long-short game, and the spot market is sluggish.
On the last trading day (December 18, 2015), the mainstream transaction price in East China in the mainstream market began to maintain the range of 6,700 to 6,750 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market trading was quiet and fluctuated within a narrow range on that day, with no surprises and temporary consolidation, although crude oil stopped falling and raw materials were deadlocked.
However, there is no improvement in downstream demand, related products are accelerating downward, and terminal wait-and-see atmosphere is increased.
Manufacturers and intermediate merchants generally have poor shipments and follow the market.
Some cost pressures, temporary price stability, and Sino-Ocean’s slightly lower prices, digest inventory and long-term contracts.
Low turnover, low-end center of gravity.
The bisphenol A external market has weakened steadily.
The enthusiasm for purchasing in Asia has receded.
Considering the contract for next year, there are different opinions and differences in the market outlook: some believe that pre-holiday purchases may return, and some are optimistic, and some are under low load in order to balance the weak environment; Some believe that new installations increase China's output, and downstream demand can only be maintained at best, which will limit price activation.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 6800-6900 yuan/ton, mainstream transaction prices are 6700-6750 yuan/ton; mainstream quotations in Huangshan area are 7000-7100 yuan/ton, mainstream transaction prices are 6800-6900 yuan/ton; The mainstream quotation in North China is 6800-6900 yuan/ton, and the mainstream transaction price is 6600-6700 yuan/ton; the mainstream quotation in South China is 7000-7100 yuan/ton, and the mainstream transaction price is 6900-6950 yuan/ton.

On the trading day (December 18, 2015), the bisphenol A raw material market was lingering, and the boost was weak: (omitted, see the full version for details).

On the trading day (December 18, 2015), domestic bisphenol A manufacturers reported high prices and low prices, making it difficult to stabilize prices.