BPA Daily: The short position is still

[China Epoxy Network (China Epoxy Industry Online)November 13, 2013: The domestic bisphenol A market is depressed and lacks good news.
On the last trading day (November 12, 2013), the mainstream transaction price in the mainstream market in East China began to maintain the range of 11,800 to 11,900 yuan/ton, with the low end dominated.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market continued to be weak and the center of gravity declined on that day.
Since September, it has fallen all the way, with a cumulative decline of more than 1,000.
It is now close to July.
At the low point, the external market weakened in the first half of this month, and the downstream double bears were shrouded in shock and downward.
At the same time, its own supply is relatively abundant, the operating load of production enterprises is still high, coupled with import shocks, raw materials are expected to decline with the increase in load, the recent short atmosphere is still in the week.
The bottom line and sorting continue.
At present, the market is more wait-and-see, and the direction of the upstream and downstream markets remains to be clarified.
The industry sees more and less moves, and the firm transaction is temporarily small.
Some intermediate merchants are trying to inquire and explore the direction.
Bisphenol A external market trading fell, the Asian region negotiated 1550-1600 US dollars / ton (CFR China's main port), down 20-30 US dollars / ton, demand is sluggish, and trading tends to decline.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,000-12,100 yuan/ton, the mainstream transaction price is 11,800-1,1900 yuan/ton, mainly low-end; the mainstream quotation in Huangshan area is 12100-12200 yuan/ton, the mainstream transaction price is 12,000～ 12,100 yuan/ton, mainly low-end; the mainstream quotation in North China is 12100-12200 yuan/ton, and the mainstream transaction price is 11,900 to 12,000 yuan/ton, mainly low-end; the mainstream quotation in South China is 12200-12300 yuan/ton, the mainstream transaction price 12000～12100 yuan/ton, mainly low-end.

    On the trading day (November 12, 2013), the bisphenol A raw material market was at a high level, and the industry was cautious: (omitted, see the full version for details).

    On the trading day (November 12, 2013), domestic bisphenol A manufacturers closed their trading operations and wait-and-see.