BPA Daily: Upward trading

[China Epoxy Network (China Epoxy Industry Online)October 22, 2014 news: The domestic bisphenol A market wait-and-see atmosphere, bearish.
On the last trading day (October 20, 2014), the mainstream transaction prices in the East China region of the mainstream market began to enter the range of 13,500-13,700 yuan/ton, and the low-end increased by 100 yuan/ton/ the high-end increased by 200 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market’s downtrend on the same day transformed, small orders went up, the supply of goods was limited, and some intermediate merchants’ offers increased due to continued raw materials.
Weakening, poor downstream production and sales, high-level follow-up cautious, small orders dominated by rigid demand, high-level rejection is obvious, and high-end transactions are temporarily low; some regions have little willingness to enter the market at high levels.
Sinopec Mitsubishi and Changchun Jiangsu will restart soon, and foreign markets will be added.
Prices have fallen sharply, and the industry is still not optimistic about the mid- to long-term market.
Imports in September were as high as 58,000 tons.
Domestic bisphenol A market regional quotations: mainstream quotations in East China are 13800-13900 yuan/ton, raised by 200 yuan/ton, mainstream transaction prices are raised by 13500-13700 yuan/ton, low-end prices are raised 100 yuan/ton/high-end prices are raised 200 yuan/ton; The mainstream quotation in Huangshan area is 13900~14000 yuan/ton, raised by 200 yuan/ton, the mainstream transaction price is 13700~13800 yuan/ton, raised by 200 yuan/ton; the mainstream quotation in North China is 13900~14000 yuan/ton, and the high-end price is raised by 200 yuan/ton , The mainstream transaction price is 13700-13800 yuan/ton, the high-end price is increased by 200 yuan/ton; the mainstream quotation in South China is 14000-14100 yuan/ton, the increase is 200 yuan/ton, the mainstream transaction price is 13700-13900 yuan/ton, the low-end price is raised by 100 yuan /Ton/high-end is raised by RMB 200/ton.

On the last trading day (October 20, 2014), the overall bisphenol A raw material market was slack and weak: (omitted, see full version for details).

On the trading day (October 20, 2014), domestic bisphenol A manufacturers were fully suspended and wait and see the market outlook.