BPA Daily: Weak Trading

[China Epoxy Network (China Epoxy Industry Online)December 26, 2013: The domestic bisphenol A market has faded into the market and weakened.
On the last trading day (December 25, 2013), the mainstream transaction price in the East China region of the mainstream market was temporarily maintained in the range of 12,100 to 12,200 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market demand was flat on that day, trading was weak, the market was tepid, and there were few active offers, and there were still many downstreams.
Digest the early-stage inventory, wait and see, and the overall bulk purchase intention is not large; the main production companies have maintained stable quotations, and the intermediate merchants have low cost pressure and low intentions.
Some follow the market and lock the profit for shipment.
The market is stalemate, and the supply circulation rhythm is slow.
The high level of products has aggravated the downstream wait-and-see atmosphere, and the demand is weak and narrow-range finishing.
The bisphenol A external market is running flat.
There are not many firm offers of cargoes and bonded cargoes in Southeast Asia, and some buying intentions are between 1,710 and 1,720 US dollars/ton CFR; Sino-Ocean intermediary merchants in January changed hands and negotiated for 1,630 US dollars/ton CFR; Jinyang December In the second half of January and January, the intention to sell cargo is still at US$1,600/ton CFR.
Downstream customers and import merchants will wait and see and enter the market cautiously.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,300-12,400 yuan/ton, the mainstream transaction price is 12,100-12200 yuan/ton; the mainstream quotation in Huangshan area is 12400-12500 yuan/ton, the mainstream transaction price is 12200-12300 yuan/ton; The mainstream quotation in North China is 12,400-12500 yuan/ton, and the mainstream transaction price is 12,200-12,300 yuan/ton; the mainstream quotation in South China is 12500-12600 yuan/ton, and the mainstream transaction price is 12300-12400 yuan/ton.

On the trading day (December 25, 2013), the bisphenol A raw material market maintained a high level and continued the atmosphere: (omitted, see the full version for details).

On the trading day (December 25, 2013), domestic bisphenol A manufacturers had stable quotations and a wait-and-see attitude.