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[China Epoxy Network (China Epoxy Industry Online)News from January 4, 2016: The domestic BPA market offer persisted and fluctuated within a narrow range.
On the last trading day (December 31, 2015), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 7000-7100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market on the day was generally warm and stable.
With the digestion of low-priced sources, the sources of goods tended to be relatively concentrated.
Manufacturers' cost pressures, insistence on offers, low-price replenishment is not easy, and the spot market has begun to rebound.
The current market has turned into high volatility, but the raw materials are weak and downstream demand is still slow, and most of the terminals maintain the rhythm of just-needed procurement.
The bisphenol A external disk market rose within a narrow range.
The Asian region was driven by the rebound of China’s stocks.
We negotiated US$890-930/ton (CFR China’s main port) and raised US$10/ton.
The low-end was Southeast Asian goods, with a 5.
5% tariff price.
Restricted by terminal demand, the transaction situation is general.
In January, 1,000 tons of Northeast Asian cargoes were sold at US$930/ton (CFR China's main port), and Southeast Asia's cargo selling intentions were US$940/ton (CFR China's main port), but the market was buying.
Intentions are slightly lower.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 7200-7300 yuan/ton, mainstream transaction prices are 7000-7100 yuan/ton; mainstream quotations in Huangshan area are 7300-7400 yuan/ton, mainstream transaction prices are 7000-7200 yuan/ton; The mainstream quotation in North China is 7050-7150 yuan/ton, and the mainstream transaction price is 6850-6950 yuan/ton; the mainstream quotation in South China is 7400-7500 yuan/ton, and the mainstream transaction price is 7200-7300 yuan/ton.
On the trading day (December 31, 2015), the bisphenol A raw material market was weak and its support weakened: (omitted, see the full version for details).
On the trading day (December 31, 2015), the atmosphere of domestic bisphenol A manufacturers was slightly better, and the offer was firmer.
(Slightly, see the full version for details).