Daily Review of Bisphenol A: Cost Driven

[China Epoxy Network (China Epoxy Industry Online)May 23, 2014: The domestic bisphenol A market fluctuates within a narrow range, and the mentality is positive.
On the last trading day (May 22, 2014), the mainstream transaction price in East China in the mainstream market began to enter the range of RMB 12,350 to RMB 12,400/ton, with an increase of RMB 50/ton.
On that day, the spot market cost pushed up and rose within a narrow range.
At present, the support is strong, the external market remains high, the overall spot resources are not much, the merchants have obvious intention to price, the selling intention is approaching 12,500 yuan/ton, and the sporadic small orders are slightly higher.
The offer fluctuates higher, the downstream just needs to purchase, the dual raw materials rise, and the downstream is more cautious and wait-and-see.
The bisphenol A external market fluctuated within a narrow range.
Southeast Asian sources traded 1,700-1710 US dollars/ton CFR.
With the upward spot fluctuations, some offers were pushed to 1720-1730 US dollars/ton CFR, although the raw material bisphenol A spot market rebounded and imported in April.
It hit another year's low, but due to the lack of significant improvements in the downstream, importers are still cautious in entering the market.
Domestic bisphenol A market regional quotation: the mainstream quotation in East China is 12500-12600 yuan/ton, an increase of 100 yuan/ton, the mainstream transaction price is 12350-12400 yuan/ton, an increase of 50 yuan/ton; the mainstream quotation in Huangshan area is 12500-12600 yuan/ Ton, the mainstream transaction price is 12400-12450 yuan/ton, an increase of 50 yuan/ton; the mainstream quotation in North China is 12400-12500 yuan/ton, the mainstream transaction price is 12300-12350 yuan/ton, an increase of 50 yuan/ton; the mainstream quotation in South China is 12700 ~ 12,800 yuan/ton, an increase of 100 yuan/ton, and the mainstream transaction price of 12,550~12,600 yuan/ton, an increase of 50 yuan/ton.

On the trading day (May 22, 2014), the bisphenol A raw material market sentiment was sorted out, and the upward trend was mainly: the listing of pure benzene was raised, the spot was scarce, the negotiation was higher, and the price was slightly higher.
The transaction price in East China was 9300-9400 yuan/ton.
The low-end is raised by 150 yuan/ton/ the high-end is raised by 200 yuan/ton; there are not many phenol resources, the raw materials are increased, the market has risen slightly, and some slightly higher offers are also heard.