BPA Daily: Different mindsets

[China Epoxy Network (China Epoxy Industry Online)February 17, 2016: The domestic bisphenol A market fluctuates within a narrow range and costs are picking up.
On the last trading day (February 16, 2016), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 6,900 to 7,000 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)spot market players used to wait and see, quiet trading, limited atmosphere, and some customers inquired prices and real trading temporarily.
Downstream small factories still stop more and are expected to restart around the tenth day of the year.
Some large factories will restart after the fourth day of the day and temporarily operate at low load; international crude oil once skyrocketed, direct raw material offers increased, and cost support increased further after the holiday, and some companies had holidays.
During the period, the inventory pressure gradually increased and the offers were adjusted.
Some companies have no sales pressure for the time being, and the cancellation of the offer is mainly to wait and see.
The market direction is to be clarified, and the demand is temporarily restored.
BPA external trading was light, and the transaction slowed down.
Asian market participants had a wait-and-see attitude and lack of new spot transactions.
The depreciation of the RMB against the US and the price advantage of domestic products made buyers more cautious.
The premium of Southeast Asian goods to Northeast Asia has narrowed, partly because That's it.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 7100-7200 yuan/ton, the mainstream transaction price is 6900-7000 yuan/ton; the mainstream quotation in Huangshan area is 7200-7300 yuan/ton, the mainstream transaction price is 7000-7100 yuan/ton; The mainstream quotation in North China is 6900-7000 yuan/ton, and the mainstream transaction price is 6750-6800 yuan/ton; the mainstream quotation in South China is 7300-7400 yuan/ton, and the mainstream transaction price is 7100-7200 yuan/ton.

    Last trading day (February 16, 2016) The bisphenol A raw material market continued to be weak and the atmosphere was sluggish: (omitted, see the full version for details).

    On the trading day (February 16, 2016), domestic bisphenol A manufacturers were weak in bidding and maintaining operations.