BPA Daily: Weak positions

[China Epoxy Network (China Epoxy Industry Online)November 7, 2014: The domestic bisphenol A market offer is firm and there are not many stocks.
On the last trading day (November 06, 2014), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,400-13,500 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market's intention on the day is mainly to maintain stability.
The early supply is slightly tight, and the subsequent domestic equipment restarts.
The high-volume supply will gradually change.
The external market of raw materials has a sharp downward impact, the center of gravity of bisphenol A U.
S.
dollar trading has fallen, importers have a cautious attitude and weak intention to open positions; the impact of APEC meetings in some downstream areas and the decline in load, pay attention to the situation of domestic restarts; as international crude oil continues to decline, The cost of petrochemical products is facing challenges, and the expectation of subsequent increase in spot supply still exists.
The industry is cautious and the market fluctuates within a narrow range.
The bisphenol A external disk further weakened.
In Asia, two orders of 500 tons of Southeast Asian cargoes were sold at US$1,780/ton CFR and shipped in early November.
The cargoes of 200 tons in Northeast Asia were traded at US$1,750/ton CFR in early November.
The current trading is still Be cautious.
Regional quotations of the domestic bisphenol A market: the mainstream quotation in East China is 13600-13700 yuan/ton, the mainstream transaction price is 13400-13500 yuan/ton; the mainstream quotation in Huangshan area is 13700-13800 yuan/ton, the mainstream transaction price is 13500-13600 yuan/ton; The mainstream quotation in North China is 13700-13800 yuan/ton, and the mainstream transaction price is 13500-13600 yuan/ton; the mainstream quotation in South China is 13800-13900 yuan/ton, and the mainstream transaction price is 13600-13700 yuan/ton.

    On the trading day (November 06, 2014), the bisphenol A raw material market was in a sluggish atmosphere and difficult to revive trading: (omitted, see the full version for details).

    On the trading day (November 06, 2014), domestic bisphenol A manufacturers stopped reporting and wait-and-see, stabilizing operations.