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[China Epoxy Network (China Epoxy Industry Online)May 6, 2014 news: The domestic bisphenol A market is volatile and tidy, and wait-and-see atmosphere.
On the last trading day (May 05, 2014), the mainstream transaction price in the mainstream market in East China temporarily entered the range of RMB 12,150 to RMB 12,250/ton, and the low-end price was reduced by RMB 50/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market demand was weak that day, the wait-and-see atmosphere, the downstream demand was sluggish, and the active inquiries were few.
Cost support increased slightly, but due to weak demand and a slightly hollow mentality, the overall trading atmosphere was still light.
Some ocean-going goods were slightly lower, and the downstream was digesting contracted goods.
Spot trading was bleak and the center of gravity was low.
The external price of bisphenol A is deadlocked and trading is light.
The Asian region is negotiating for a CFR of US$1610-1640/ton.
The May Day holiday will leave the market, coupled with weak downstream demand, the spot market is sluggish, the US dollar trading is light, and the depreciation of the RMB against the US dollar continues.
Suppress import demand to a certain extent.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12400-12500 yuan/ton, the mainstream transaction price is 12150-12250 yuan/ton, and the low-end price is reduced by 50 yuan/ton; the mainstream quotation in Huangshan area is 12400-12500 yuan/ton, the mainstream transaction price The price is 12,200~12,300 yuan/ton, the low-end price is reduced by 50 yuan/ton; the mainstream quotation in North China is 12,400~12,500 yuan/ton, the mainstream transaction price is 12,100~12,200 yuan/ton, the low-end price is reduced by 100 yuan/ton/the high-end price is reduced by 50 yuan/ Tons; mainstream quotations in South China are 12,600-12,700 yuan/ton, mainstream transaction prices are 12,350-12,450 yuan/ton, and low-end prices are reduced by 50 yuan/ton.
On the trading day (May 05, 2014), the bisphenol A raw material market fluctuates and the atmosphere is waiting to be seen: (omitted, see the full version for details).
On the trading day (May 05, 2014), domestic bisphenol A manufacturers' offers were still inflated.
(Slightly, see the full version for details).