BPA Daily: tight cargo prices rise

[China Epoxy Network (China Epoxy Industry Online)August 4, 2014: The domestic bisphenol A market continues to be tight and speculative.
On the last trading day (August 01, 2014), the mainstream transaction price in East China in the mainstream market began to form a range of 15,500-15,600 yuan/ton, with an increase of 300 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the spot market opened at a higher level and continued at a high level on the same day, and the supply of goods was tight.
Rapid growth and tight supply of raw materials, Sinopec Mitsubishi’s restart, there are still variables, downstream costs drive market reversal, all kinds of benefits gather again, domestic manufacturers’ offers rise, import merchants can live in exotic goods, offers are rising day by day, downstream are forced to just need to purchase , High prices and volume shrinkage have become the norm.
The bisphenol A external disk rose sharply.
As the spot market continued to rise, the Asian region was supported and continued to rise.
Near-sea selling intentions were 1900 to 1950 US dollars/ton CFR, and some discussions were 1880 to 1890 US dollars/ton CFR.
Domestic bisphenol A market regional quotation: mainstream quotations in East China are 15700-15800 yuan/ton, raised by 300 yuan/ton, mainstream transaction prices are 15500-15600 yuan/ton, raised by 300 yuan/ton; mainstream quotations in Huangshan area are 15800-15900 yuan/ Ton, raise 300 yuan/ton, mainstream transaction price 15600-15700 yuan/ton, raise 300 yuan/ton; mainstream quotation in North China 15800-15900 yuan/ton, raise 400 yuan/ton, mainstream transaction price 15600-15700 yuan/ton , Raise 400 yuan/ton; mainstream quotations in South China are 15900-16000 yuan/ton, raise 300 yuan/ton, mainstream transaction prices are 15700-15800 yuan/ton, raise 300 yuan/ton.

On the trading day (August 01, 2014), the bisphenol A raw material market continued to organize and linger: (omitted, see the full version for details).

On the trading day (August 01, 2014), domestic bisphenol A manufacturers were operating at high prices and their offers resumed.