BPA Daily: stalemate state

[China Epoxy Network (China Epoxy Industry Online)News on January 14, 2014: The domestic bisphenol A market is stably consolidating and trading is flat.
On the last trading day (January 13, 2014), the mainstream transaction price in East China in the mainstream market maintained a range of RMB 12,300 to RMB 12,350/ton for the time being.
According to analysis by market experts of China Epoxy Network (China Epoxy Industry Online)the spot market fluctuates within a narrow range on the day, high costs, and cautiously optimistic expectations about the market outlook, as a hedge against flat downstream demand and downward pressure on raw materials At present, the overall mentality is acceptable, and some of them are mainly shipped on the market.
The top crude oil in the upstream has dropped sharply, and the weak market of related products continues.
The industry's closely related news faces volatility and stalemate continues.
The bisphenol A external disk market fluctuated within a narrow range.
The Asian region negotiated US$1,580-1,640/ton CFR.
Although the international crude oil fell sharply, the internal and external disks of pure benzene were relatively strong, which basically offset the negative impact of the domestic phenol downward adjustment, plus the expected quarterly plant shutdown and maintenance.
Manufacturers' intention to keep prices continued; Jinyang's intention is still at US$1,600/ton CFR, Southeast Asia’s January cargo delivery is between US$1730-1735/ton CFR, and some of the bonded stocks intend US$1750-1760/ton CFR.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,400-12,500 yuan/ton, and the mainstream transaction price is 12,300-12,350 yuan/ton; the mainstream quotation in Huangshan area is 12500-12600 yuan/ton, and the mainstream transaction price is 12350-12400 yuan/ton; The mainstream quotation in North China is 12500-12600 yuan/ton, and the mainstream transaction price is 12350-12400 yuan/ton; the mainstream quotation in South China is 12600-12700 yuan/ton, and the mainstream transaction price is 12500-12550 yuan/ton.

On the trading day (January 13, 2014), the market atmosphere of bisphenol A raw materials was fair and the trend maintained: (omitted, see the full version for details).

On the trading day (January 13, 2014), domestic bisphenol A manufacturers partially stopped and supported their mentality.