BPA Daily: Under-trading

[China Epoxy Network (China Epoxy Industry Online)News on March 17, 2014: The domestic bisphenol A market continues to be light and the periphery is relatively empty.
On the last trading day (March 14, 2014), the mainstream transaction price in East China in the mainstream market remained in the range of RMB 12,400 to RMB 12,500/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was not popular on the day, the trading was quiet, the downstream demand was slow, and the shipment was not smooth.
The raw materials were pure benzene and phenol ketone.
Obviously there is a lack of benefits, and the benefits of high-level external disks and device maintenance are continuously diluted; intermediate merchants leave the market and wait and see, and downstream small orders are just in need of purchase.
The current spotlight pattern continues, short-term benefits are obviously lacking, market sentiment is still insufficient, and firm trading is scarce.
The light pattern is expected to continue.
The supply of bisphenol A in external disks is tight, and negotiations are rising.
The supply of equipment in Northeast Asia and Southeast Asia will be suspended from March to April.
Most buyers resist high prices and low purchasing intentions.
The depreciation of the renminbi further discourages import interest.
Domestic prices are lower than imported and domestic sales.
Even better, the major Northeast Asian manufacturers extended their shutdowns.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 12,600-12,700 yuan/ton, the mainstream transaction price is 12,400-12500 yuan/ton; the mainstream quotation in Huangshan area is 12600-12700 yuan/ton, the mainstream transaction price is 12450-12500 yuan/ton; The mainstream quotation in North China is 12,600-12,700 yuan/ton, and the mainstream transaction price is 12,450-12500 yuan/ton; the mainstream quotation in South China is 12800-12900 yuan/ton, and the mainstream transaction price is 12600-12700 yuan/ton.

    On the trading day (March 14, 2014), the bisphenol A raw material market continued to adjust, and the market was weak: (omitted, see the full version for details).

    On the last trading day (March 14, 2014), domestic BPA manufacturers' bids remained unchanged with little change.