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[China Epoxy Network (China Epoxy Industry Online)News on December 1, 2014: The domestic bisphenol A market is stalemate and demand is weak.
On the last trading day (November 28, 2014), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 13,300-13,400 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market was cautious and the supply side was stable on that day.
Due to the small amount of spot resources and the stable prices of manufacturers, Raw materials are declining and the market outlook lacks confidence.
Since foreign trading is light and bearish, downstream is cautious, and small orders just need to be purchased.
Intermediate merchants mostly operate with low inventory.
Many industry players say that the spot resistance exceeds expectations.
Once supply and demand are balanced Breaking, the market is expected to usher in a new round of replenishment of the decline in the market, unprecedented risk awareness, thin market transactions, warming up wait-and-see atmosphere, part of the December pre-sale source selling 12,700 yuan / ton, unattractive.
The external market for BPA is lightly traded.
Jinyang offers US$1640-1650/ton CFR, and inquiries are below US$1600/ton CFR, Southeast Asia December offers US$1750/ton CFR and sporadic counter offers of US$1720/ton.
CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13500-13600 yuan/ton, the mainstream transaction price is 13300-13400 yuan/ton; the mainstream quotation in Huangshan area is 13600-13700 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton; The mainstream quotation in North China is 13600-13700 yuan/ton, and the mainstream transaction price is 13400-13500 yuan/ton; the mainstream quotation in South China is 13700-13800 yuan/ton, and the mainstream transaction price is 13500-13600 yuan/ton.
On the trading day (November 28, 2014), the bisphenol A raw material market was operating weakly and the support was sluggish: (omitted, see the full version for details).
On the trading day (November 28, 2014), domestic bisphenol A manufacturers mainly closed reports and started operations normally.
(Slightly, see the full version for details).
