BPA Daily: Weak demand

[China Epoxy Network (China Epoxy Industry Online)May 7, 2014: The domestic bisphenol A market has been volatile and will continue to wait and see.
On the last trading day (May 06, 2014), the mainstream transaction price in the mainstream market in East China was temporarily maintained in the range of RMB 12,150 to RMB 12,250/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market performed weakly and fluctuated within a narrow range on that day, the market was stale, and the low price was slightly reluctant to sell, cost pressures, and manufacturers' offers To maintain stability, due to the overall weak demand in the downstream industry, most of the raw materials are just needed for low-price purchases, and the transaction volume is bleak; due to weak demand and financial pressure, the price of some ocean-going goods is slightly lower than 12,000 yuan/ton.
The supply of ocean-going goods is low, and the fluctuation of near-ocean and bonded supply is limited.
The trend of raw material pure benzene and phenolic ketone has improved slightly.
The cost support is expected to be further strengthened, or it may be beneficial to stabilize and consolidate to a certain extent.
The bisphenol A external disk market is stalemate, the buying intention of near-ocean cargo has fallen below US$1600/ton (CFR China's main port), and the buying intention of ocean sources is also below US$1550/ton (CFR China's main port).
Regional quotations of the domestic BPA market: mainstream quotations in East China are 12400-12500 yuan/ton, mainstream transaction prices are 12150-12250 yuan/ton; mainstream quotations in Huangshan area are 12400-12500 yuan/ton, mainstream transaction prices are 12200-12300 yuan/ton; The mainstream quotations in North China are 12300-12400 yuan/ton, down by 100 yuan/ton, and the mainstream transaction prices are 12100-12200 yuan/ton; the mainstream quotations in South China are 12600-12700 yuan/ton, and the mainstream transaction prices are 12350-12450 yuan/ton.

On the trading day (May 06, 2014), the bisphenol A raw material market fluctuates and the atmosphere is waiting to be seen: (omitted, see the full version for details).

On the trading day (May 06, 2014), domestic bisphenol A manufacturers maintained their bids with a wait-and-see attitude.