BPA Daily: Spot rises

[China Epoxy Network (China Epoxy Industry Online)September 7, 2015: The domestic bisphenol A market fluctuates upward, and the bearish is still there.
On the last trading day (September 06, 2015), the mainstream transaction price in the East China region of the mainstream market began to maintain the range of 7,300-7,350 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market oil prices supported and the market rose on the same day, and the wait-and-see attitude was the mainstay, and the mentality was boosted.
The early importers and manufacturers suffered significant losses.
, There is a clear intention to reluctantly increase sales, the center of gravity fluctuated upward, and trading tended to be flat.
However, in view of the rising raw material offer, the overall mentality is acceptable.
Wait and see the follow-up direction gradually becomes clear.
The downstream start load is low and some long-term contracts are mainly supplied.
, So high transaction volume is general.
The external market for bisphenol A continued to decline, the downstream demand in Asia was weak, the spot fell sharply, and the external market was empty.
Near-ocean cargo was offered at US$910/ton CFR or above, and a small number of inquiries were at US$850/ton CFR.
Southeast Asian Thai cargo reported.
The order fell to US$980/ton CFR, and the downstream inquiry intention was below US$950/ton CFR, and the firm transaction was still low.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 7500-7600 yuan/ton, the mainstream transaction price is 7300-7350 yuan/ton; the mainstream quotation in Huangshan area is 7600-7700 yuan/ton, the mainstream transaction price is 7400-7500 yuan/ton; The mainstream quotation in North China is 7600-7700 yuan/ton, and the mainstream transaction price is 7400-7500 yuan/ton; the mainstream quotation in South China is 7700-7800 yuan/ton, and the mainstream transaction price is 7500-7550 yuan/ton.

    On the trading day (September 06, 2015), the bisphenol A raw material market fluctuated significantly and the support was acceptable: (omitted, see the full version for details).

    On the trading day (September 06, 2015), domestic bisphenol A manufacturers continued to wait and see and their operations were heating up.