BPA Daily: Market Buffer

[China Epoxy Network (China Epoxy Industry Online)November 3, 2014: The domestic bisphenol A market has limited support and is temporarily waiting to see.
On the last trading day (October 31, 2014), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 13,250-13,400 yuan/ton, and the low-end increased by 50 yuan/ton/ the high-end increased by 100 yuan/ton.
According to analysis by market experts of China Epoxy Network (China Epoxy Industry Online)the spot market fluctuated within a narrow range on that day, and the restart of domestic maintenance equipment was imminent.
In addition to the weakening of raw material cost support, the industry lacked optimism in the outlook It is expected that the overall resources are not much at present, and the raw materials and foreign markets will enter a buffer period after the sharp decline.
The sellers intend to stabilize the shipment and the overall trading rhythm is flat.
Some dealers made up for stocks and delivered pre-orders at the stage, and the market fluctuated slightly for a short time.
However, the downstream prices were weak, the small orders just needed to be purchased continued, and the raw material support was weak, resulting in limited volatility.
Domestic bisphenol A market regional quotation: the mainstream price in East China is 13500-13600 yuan/ton, an increase of 100 yuan/ton, the mainstream transaction price is 13250-13400 yuan/ton, the low-end price is raised 50 yuan/ton/ the high-end price is raised 100 yuan/ton; The mainstream quotation in Huangshan area is 13600~13700 yuan/ton, the price is increased by 100 yuan/ton, the mainstream transaction price is 13300~13450 yuan/ton, the high-end price is raised by 50 yuan/ton; the mainstream quotation in North China is 13600-13700 yuan/ton, the mainstream transaction price is 13400~ 13,500 yuan/ton; mainstream quotations in South China are 13700-13800 yuan/ton, with an increase of 100 yuan/ton, mainstream transaction prices are 13450-13600 yuan/ton, and low-end prices are raised 50 yuan/ton/high-end prices are raised 100 yuan/ton.

On the trading day (October 31, 2014), the market sentiment of the bisphenol A raw material was maintained, and the market was running slightly: (omitted, see the full version for details).

On the trading day (October 31, 2014), domestic bisphenol A manufacturers continued to stop reporting and wait and see as a whole.