BPA Daily: Weak Downward

[China Epoxy Network (China Epoxy Industry Online)News from January 12, 2015: The domestic BPA market is pessimistic and fluctuating within a narrow range.
On the last trading day (January 09, 2015), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 9,600-9,800 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market news on that day is still unclear.
Crude oil has plummeted, the mentality is sluggish, and the internal and external market of pure benzene has fallen, which has caused the confidence of the industry to be frustrated.
The trading center of gravity fluctuated and declined, and the center of gravity of futures trading fell simultaneously.
The offer in mid-to-late January has reached "95" or even slightly below.
The downstream is cautiously waiting and watching, mainly domestic and ocean-going Russian products; directly raw materials stopped falling and rebounded, holding stocks The mentality of merchants has gradually improved, but the "oil head" has been falling all the way, and the overall environment is not good.
At the same time, the import source gradually increased in January, and the cost trend is still uncertain.
The bisphenol A external disk market is weak, and Jinyang's January cargo selling intention is 1180-1200 US dollars ton CFR, but it continues to be unattractive.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 9900-10000 yuan/ton, the mainstream transaction price is 9600-9800 yuan/ton; the mainstream quotation in Huangshan area is 9900-10100 yuan/ton, down 100 yuan/ton, the mainstream transaction price is 9750 ～9800 yuan/ton, 500 yuan/ton lower for low-end/100 yuan/ton lower for high-end; 9900-10100 yuan/ton, 100 yuan/ton lower for mainstream quotations in North China, 9750-98900 yuan/ton for mainstream transaction prices, low-end Decrease 500 yuan/ton/high-end down 100 yuan/ton; mainstream quotations in southern China are 10,100-10,200 yuan/ton, and mainstream transaction prices are 9,800-10,000 yuan/ton.

On the trading day (January 09, 2015), the market atmosphere of bisphenol A raw materials was still vigorous and supportive: (omitted, see the full version for details).

On the trading day (January 09, 2015), domestic bisphenol A manufacturers continued to close and wait and see.