BPA Daily: Warm trading

[China Epoxy Network (China Epoxy Industry Online)March 7, 2014: The domestic bisphenol A market has limited volatility and weak demand.
On the last trading day (March 06, 2014), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 12,400 to 12,500 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market demand was flat on that day, mainly stable prices, narrowly arranged and calm, foreign trading was deadlocked, and the spot market was deadlocked.
There is no pressure on production and sales for the time being.
Manufacturers are actively maintaining stability, and the cost of intermediate merchants is supporting them to ship to the market.
The downstream just needs procurement, and some inquiries are focused on the direction.
The actual trading situation is still weak and the center of gravity is low.
The bisphenol A external disk market fluctuated within a narrow range.
In Asia, offshore cargoes were offered at US$1650-1750/ton CFR, and buying interest was mostly below US$1,630/ton CFR.
Some manufacturers stopped for maintenance in March and suspended their quotations; Southeast Asia; Cargo offers are offered at US$1770-1800/ton CFR, and the buying intention is below the low end.
Bonded goods are negotiated at US$1775/ton CFR.
Buyers and sellers in the market have different intentions and the overall transaction volume is not much.
Regional quotation of the domestic BPA 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 12700-12800 yuan/ton, the mainstream transaction price is 12,500-12600 yuan/ton; The mainstream quotations in North China are 12600-12700 yuan/ton, and the mainstream transaction prices are 12500-12550 yuan/ton; the mainstream quotations in South China are 12800-12900 yuan/ton, and the mainstream transaction prices are 12600-12700 yuan/ton.

    On the trading day (March 06, 2014), the bisphenol A raw material market was sorted out and the trading was limited: (omitted, see the full version for details).

    On the trading day (March 06, 2014), domestic bisphenol A manufacturers' bids were temporarily stable and partly overhauled.