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[China Epoxy Network (China Epoxy Industry Online)March 20, 2014: The domestic bisphenol A market atmosphere is weak and the spot spot is weak.
On the last trading day (March 19, 2014), the mainstream transaction price in East China in the mainstream market began to maintain the range of RMB 12,400 to RMB 12,450/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market was weak, with some negative declines, weak consolidation, favorable scarcity, and increased shipments on the market with some narrow ranges.
Selling profitably, some are also heard at slightly lower prices; the market is weak in a narrow range, merchants are willing to ship, raw materials, downstream, and market attitudes are not good.
The expected line will fluctuate within a narrow range and continue to be ordered.
The overall trading is thin, and the industry digests inventory.
Continue to focus on just-needed procurement.
Negotiations on the external market for BPA have been frustrated.
Production facilities in Asia have been intensively overhauled and manufacturers’ inventory pressure is low.
Some offers are higher than US$1,700/ton (CFR China’s main port).
Buyers and sellers have obvious differences in intentions and transactions are scarce.
Some Southeast Asian bonded goods Offers are 1790-1800 USD/ton (CFR China main port), and counter offers are scarce.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12500-12600 yuan/ton, the mainstream transaction price is 12400-12450 yuan/ton; the mainstream quotation in Huangshan area is 12600-12700 yuan/ton, the mainstream transaction price is 12400-12500 yuan/ton; The mainstream quotation in North China is 12500-12600 yuan/ton, and the mainstream transaction price is 12400-12450 yuan/ton; the mainstream quotation in South China is 12700-12800 yuan/ton, and the mainstream transaction price is 12600-12650 yuan/ton.
On the trading day (March 19, 2014), the bisphenol A raw material market was sluggish and under-supported: (omitted, see the full version for details).
On the last trading day (March 19, 2014), domestic bisphenol A manufacturers' bids were maintained and operated on a wait-and-see basis.
(Slightly, see the full version for details).
