BPA Daily: The shock continues

[China Epoxy Network (China Epoxy Industry Online)July 11, 2014: The domestic bisphenol A market is trading sideways and trading is light and stable.
On the last trading day (July 10, 2014), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,400-13,500 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the spot market fluctuated at a high level on the day, and the volume was not large.
The mentality of the manufacturers was acceptable, but low prices were reluctant to sell, and the market was firm.
It has rebounded slightly, but the downstream market outlook is expected to be bearish.
The short-term purchase enthusiasm for entering the market is sluggish, and the high level of resistance still exists.
Trading is thin and small orders are the main ones.
At present, there are not many spot resources in the market and high external disks.
When will the follow-up domestic maintenance equipment The restart still brings attention, the merchants still have a strong market mentality, and the short-term hedge against the weak downstream demand.
Although the price decline is still bearish, it is expected that the high level shock will continue.
The bisphenol A external disk is consolidating at a high level and the trend is stabilizing.
The Asian region's near-ocean cargo offer is US$1750/ton (CFR China main port) or above, and the Southeast Asian region's cargo offer is US$1860-1880/ton (CFR China main port) , The buying intention is mostly no higher than US$1850/ton (CFR China's main port), and there is little trading news.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 13600-13700 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton; the mainstream quotation in Huangshan area is 13700-13800 yuan/ton, the mainstream transaction price is 13450-13550 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 13800-13900 yuan/ton, and the mainstream transaction price is 13600-13700 yuan/ton.

    On the trading day (July 10, 2014), the bisphenol A raw material market was stable and still at a high level: (omitted, see the full version for details).

    On the trading day (July 10, 2014), domestic bisphenol A manufacturers were operating at a high price and maintained their focus.