BPA Daily: The atmosphere is weakening

[China Epoxy Network (China Epoxy Industry Online)January 18, 2016: The domestic bisphenol A market has a weak mentality and increased short positions.
On the last trading day (January 15, 2016), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 6,900 to 7,000 yuan/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market on the day was still suppressed by oil prices, with a weaker atmosphere, thin trading, steady decline, and sluggish market conditions.
The supply of high external disks is limited.
Most domestic manufacturers are under cost pressure and continue to control the start-up load.
However, international crude oil has plummeted, direct raw materials continue to weaken, coupled with the lack of improvement in downstream demand, and the short-term atmosphere is gradually increasing; under pressure from some manufacturers and intermediate merchants, the focus of shipments is Continued to decline slightly, but due to the bearish outlook for the downstream market-crude oil, top, raw materials lack clear expectations, see more and less move, the volume of transactions has shrunk compared to the previous, long-term contracts and just-needed purchases are the main ones; some ocean or other sources of supply are slightly lower.
At present, the terminal demand is weak at the end of the year, the market stocking demand is insufficient, the buying gas is thin, and the wait-and-see is intensified.
Waiting for the follow-up direction to gradually become clear, at least short-term bearish is hard to change.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 7100-7200 yuan/ton, mainstream transaction prices are 6900-7000 yuan/ton; mainstream quotations in Huangshan area are 7200-7300 yuan/ton, mainstream transaction prices are 7000-7100 yuan/ton; The mainstream quotation in North China is 6950-7050 yuan/ton, and the mainstream transaction price is 6800-6850 yuan/ton; the mainstream quotation in South China is 7350-7450 yuan/ton, and the mainstream transaction price is 7100-7150 yuan/ton.

On the trading day (January 15, 2016), the bisphenol A raw material market became weaker and weaker: (omitted, see the full version for details).

On the trading day (January 15, 2016), domestic bisphenol A manufacturers' bids were temporarily stable, but the actual price was lowered.