BPA Daily: The market slides

[China Epoxy Network (China Epoxy Industry Online)December 14, 2015: The domestic bisphenol A market demand is weak and the market is running weak.
On the last trading day (December 11, 2015), the mainstream transaction price in East China in the mainstream market began to maintain the range of 6850 to 7000 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market consumption was sluggish and fluctuated within a narrow range on that day, the early stage cost rose, and the factory raised the price, and the stockholders were reluctant to sell and speculate.
, The market has pushed up sharply, but the high-end transaction volume has been slow in recent weeks, coupled with the profit-taking and fatigue of some financing merchants; although raw materials continue to rise, domestic manufacturers report high prices and low prices, and the sharp decline in international crude oil has further dampened the market atmosphere.
Goods merchants follow the market to ship goods, and the market decline may be magnified; at present, buyers mainly digest long-term goods, and high-priced goods are conflicted.
Domestic sources are mainly supplied, and high-end offers are mostly offered.
The northern market fluctuates and weakens, and the downstream push is weak and high.
There are few transactions and the trend is difficult to change.
The market for BPA external disks rose.
The Asian region closed at US$880-940/ton CFR, with an upward adjustment of US$35-60/ton.
This was mostly driven by costs, boosted by early spot stocks, and increased activity, but it is currently transforming.
Regional quotations of the domestic BPA market: mainstream quotations in East China are 7100-7200 yuan/ton, mainstream transaction prices are 6850-7000 yuan/ton; mainstream quotations in Huangshan area are 7150-7250 yuan/ton, mainstream transaction prices are 6950-7050 yuan/ton; The mainstream quotation in North China is 7000-7100 yuan/ton, and the mainstream transaction price is 6800-6900 yuan/ton; the mainstream quotation in South China is 7300-7400 yuan/ton, and the mainstream transaction price is 7050-7200 yuan/ton.

    On the trading day (December 11, 2015), the bisphenol A raw material market support was acceptable, and the atmosphere remained: (omitted, see the full version for details).

    On the trading day (December 11, 2015), domestic bisphenol A manufacturers maintained their bids and continued to wait and see.