BPA Daily: Temporarily good

[China Epoxy Network (China Epoxy Industry Online)May 9, 2013: The domestic bisphenol A market is operating at a high level and shipments are still small.
On the last trading day (May 8, 2013), the mainstream transaction price in the mainstream market in East China began to form a range of 13,600-13,700 yuan/ton, and the low-end was raised by 100 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market on the same day pushed up the trend, but it was still not easy.
During the week, the spot market opened higher, and the upstream and downstream rose within a narrow range.
To boost the determination of merchants to keep prices up, the international crude oil Lianyang and WTI rose more than 5% recently, the pure benzene external disk continued to rebound, and the commodity market was bullish in the short-term.
The relevant news performed well, and the possibility of a narrow rise is still not ruled out.
The external market of BPA was lightly traded.
The market was closed on May 1st last week, the working day was shortened, the market sentiment was insufficient, and trading was flat.
Negotiations were deadlocked at US$1745-1770/ton CFR, and the selling intention of offshore vessels was US$1750/ton CFR , Sporadic counter offers are lower by US$20-30/ton.
In Southeast Asia, the intention of cargo delivery in May is US$1,860/ton CFR, and the firm offer is not easy.
The partial price of ocean-going Russian cargo is US$1,700/ton.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13800-13900 yuan/ton, the mainstream transaction price is 13600-13700 yuan/ton, the low-end price is raised by 100 yuan/ton; the mainstream quotation in Huangshan area is 13800-13900 yuan/ton, the mainstream transaction The price is 13700~13800 yuan/ton; the mainstream price in North China is 13700~13800 yuan/ton, the mainstream transaction price is 13600~13700 yuan/ton; the mainstream price in South China is 14000~14100 yuan/ton, and the mainstream transaction price is 13800~13900 yuan/ton.
The low-end is raised by RMB 100/ton.

    On the trading day (May 8, 2013), the bisphenol A raw material market was consolidated within a narrow range, with slight fluctuations: (omitted, see the full version for details).

    On the trading day (May 8, 2013), domestic bisphenol A manufacturers focused on maintaining stability and operating at stable prices.