Daily review of BPA: positive attitude

[China Epoxy Network (China Epoxy Industry Online)May 21, 2014: The cost of the domestic bisphenol A market is being promoted and sorted out.
On the last trading day (May 20, 2014), the mainstream transaction prices in the East China region of the mainstream market began to enter the range of RMB 12,250 to RMB 12,350/ton, with an increase of RMB 50/ton.
On that day, the spot market rose within a narrow range and raw materials were promoted.
The industry’s confidence was firm, and merchants’ offers rose within a narrow range.
Some intermediate merchants’ small order transfers were slightly higher, and the inquiries from the terminal were general.
The small order negotiation was comparable to that of the offer.
The low-end of ocean trading dropped slightly.
The bisphenol A external market wait-and-see atmosphere.
The raw materials in mainland China continued to rise until it warmed up and rebounded.
The industry's attention to the external market increased.
There were not many firm quotations for offshore vessels.
The manufacturer's intention price was US$1,700/ton (CFR China main port).
The differences between the two parties are obvious.
Some Southeast Asian cargoes were offered at US$1,720/ton (CFR China's main port) in late May.
Domestic bisphenol A market regional quotation: the mainstream quotation in East China is 12400-12500 yuan/ton, the mainstream transaction price is 12250-12350 yuan/ton, an increase of 50 yuan/ton; the mainstream quotation in Huangshan area is 12500-12600 yuan/ton, an increase of 100 yuan/ Ton, the mainstream transaction price is 12300-12400 yuan/ton, an increase of 50 yuan/ton; the mainstream quotation in North China is 12400-12500 yuan/ton, an increase of 50 yuan/ton, the mainstream transaction price is 12200-12300 yuan/ton, an increase of 50 yuan/ton ; The mainstream quotation in South China is 12600-12700 yuan/ton, the mainstream transaction price is 12450-12550 yuan/ton, an increase of 50 yuan/ton.     On the trading day (May 20, 2014), the market sentiment of bisphenol A raw materials was organized, and the upward trend was mainly: the external market of pure benzene continued to fall, the spot was further reduced, and the active market offer was scarce.