BPA Daily: Weak demand

[China Epoxy Network (China Epoxy Industry Online)News on March 5, 2014: The domestic bisphenol A market is dominated by stable prices and flat trading.
On the last trading day (March 04, 2014), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 12500-12550 yuan/ton.
According to the analysis of the market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market’s center of gravity was loose and demand was weak that day.
External disks continued to rise and formed support, and firm shipments were not smooth.
The quotation sticks to the market outlook, the supply is tight, and the market mentality is acceptable; downstream demand continues to weaken, suppressing the market mentality, the on-site inventory is to be digested, and the settlement financing at the end of the month is affected.
The wait-and-see atmosphere is strong.
The bisphenol A external market continued to rise.
Asian trading volume was weak, with an increase of US$10/ton, and discussions on CFR of US$1,625-1675/ton.
Although trading was flat, supply was tightening, and the mentality was cautiously optimistic and corporate inventories were low, so they were still reluctant to sell.
, Bullish sentiment, improved enquiry atmosphere, weak demand; not many sources of supply in Southeast Asia, quotations have risen sharply, India is negotiating 1,720-1,760 US dollars / ton CFR, an increase of 60 US dollars / ton.
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 12,500-12550 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 quotation in North China is 12,600-12,700 yuan/ton, and the mainstream transaction price is 12,500-12550 yuan/ton; the mainstream quotation in South China is 12800-12900 yuan/ton, and the mainstream transaction price is 12700-12750 yuan/ton.

On the trading day (March 04, 2014), the bisphenol A raw material market was sorted out, and there was not much trading: (omitted, see full version for details)

    On the trading day (March 04, 2014), domestic BPA manufacturers' offers were stable and operations were maintained.