BPA Daily: Weak Downward

[China Epoxy Network (China Epoxy Industry Online)November 8, 2013: The domestic bisphenol A market is mostly on the sidelines and trading is light.
On the last trading day (November 07, 2013), the mainstream transaction price in the mainstream market in East China began to enter the range of 11,900 to 12,000 yuan/ton, and the price was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market demand was weak, the market was sluggish that day, the external benefit was lacking, the merchants were worried about risks, and the intention to ship shipments was still there.
The center of gravity has fallen, the downstream trend is sluggish, and the market is generally cautious, mostly affected by the mentality of buying up and not buying down.
The bisphenol A external disk market is weak and fluctuating, the spot market is sluggish, the downstream market is weak, the double negative impact, and the negotiation fluctuates.
In November, some offshore cargoes negotiated at $1,550/ton (CFR China's main port), and some Southeast Asian cargoes sold in November.
The intention is US$1,700/ton (CFR China's main port), and the buying intention is low.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 12,100-12,200 yuan/ton, down by 100 yuan/ton, mainstream transaction prices are 11,900-12,000 yuan/ton, and down 100 yuan/ton; mainstream quotations in Huangshan area are 12200-12300 yuan/ Ton, lowered by 100 yuan/ton, mainstream transaction price is 12050-12150 yuan/ton, lowered by 100 yuan/ton; mainstream quotation in North China is 12100-12200 yuan/ton, lowered by 200 yuan/ton, mainstream transaction price is 11950-12,000 yuan/ton , Decrease by 200 yuan/ton; mainstream quotations in South China are 12,300-12,400 yuan/ton, down by 100 yuan/ton, and mainstream transaction prices are 12,100-12,200 yuan/ton, down by 100 yuan/ton.

On the trading day (November 07, 2013), the bisphenol A raw material market atmosphere is cautious and the mentality is maintained: (omitted, see the full version for details).

On the trading day (November 07, 2013), domestic bisphenol A manufacturers continued to close their shares and wait and see as a whole.