BPA Daily: Weak mentality

[China Epoxy Network (China Epoxy Industry Online)January 15, 2016: The domestic bisphenol A market has increased short and the atmosphere is quiet.
On the last trading day (January 14, 2016), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 6,900 to 7,000 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was affected by oil prices, weaker buying gas, thin trading and hard to pick up.
International crude oil continued to fall and raw material costs The support is weak, the center of gravity is falling, and there is a slight fall.
The downstream is approaching the end of the year, and consumer demand is fading.
The increase in raw materials, more and less moves, active inquiry intentions continue to be weak; high-end offers are mostly about offers, and low-end firm offers.
The industry pays close attention to the direction of the main production companies.
At present, the atmosphere is weak and the inventory is mainly digested.
The petrochemical market is weakening and the bearish atmosphere is gradually increasing.
The external market of BPA is quiet, and buyers in Asia are worried about the risks, and most of them stay on the sidelines.
The international crude oil plummets, the upper end of the industrial chain weakens, and the impact of the sharp depreciation of the renminbi, the actual trading is light.
Negotiations are 870-930 US dollars/ton CFR.
The low-end is the price of Southeast Asian goods after discounting 5.
5% tariff.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 7100-7200 yuan/ton, mainstream transaction prices are 6900-7000 yuan/ton; mainstream quotations in Huangshan area are 7200-7300 yuan/ton, mainstream transaction prices are 7000-7100 yuan/ton; The mainstream quotation in North China is 6950-7050 yuan/ton, and the mainstream transaction price is 6800-6850 yuan/ton; the mainstream quotation in South China is 7350-7450 yuan/ton, and the mainstream transaction price is 7100-7150 yuan/ton.

    On the trading day (January 14, 2016), the bisphenol A raw material market remained weak and remained weak: (omitted, see the full version for details).

    On the trading day (January 14, 2016), domestic bisphenol A manufacturers' offers were temporarily stable and their operations were low-key.