BPA Daily: Downside Tone

[China Epoxy Network (China Epoxy Industry Online)October 24, 2013: The domestic bisphenol A market negotiations are deadlocked and long-short game.
On the last trading day (October 23, 2013), the mainstream transaction price in the East China region of the mainstream market temporarily formed a range of 12,300-12,400 yuan/ton, and the low-end was reduced by 50 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the weak spot market continued on the same day.
Since October, the industry has continued to decline and losses have become more prominent.
The subsequent low-price imports of resources Replenishment is not easy, the market is slowing down; international crude oil is weakening, pure benzene is outside the market, direct raw materials may become weak, the overall downstream sales are not smooth, and the signs of gradual increase in inventory are slightly obvious.
It is difficult for the industry to be optimistic about the market outlook and pay close attention to the fluctuation of relevant news; Weak, market mentality is affected, more wait-and-see, some stock-holding merchants are gradually increasing willingness to ship to the market, downstream cautious follow-up, the focus of trading is slightly lower, terminal demand restricts shipments, and spot market entry is cautious.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12500-12600 yuan/ton, the mainstream transaction price is 12300-12400 yuan/ton, and the low-end price is reduced by 50 yuan/ton; the mainstream quotation in Huangshan area is 12600-12700 yuan/ton, and the price is reduced by 100 The mainstream transaction price is 12500-12550 yuan/ton, and the price is reduced by 50 yuan/ton; the mainstream quotation in North China is 12600-12700 yuan/ton, the price is reduced by 100 yuan/ton, the mainstream transaction price is 12500-12550 yuan/ton, and the high-end price is reduced by 50 yuan.
Yuan/ton; mainstream quotations in South China are 12700-12800 yuan/ton, mainstream transaction prices are 12500-12600 yuan/ton, and low-end prices are reduced by 50 yuan/ton.

On the trading day (October 23, 2013), the market atmosphere of bisphenol A raw materials was weak, and the order was lingering: (omitted, see full version for details)

On the trading day (October 23, 2013), domestic bisphenol A manufacturers continued to maintain and lacked offers.