Daily review of epichlorohydrin: a new low

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 9, 2010: The domestic epichlorohydrin market has been inertially down and formed a new low.
On the last trading day (June 8), the mainstream transaction price in the East China region of the mainstream market has reached the range of 13,500-14,000 yuan/ton, and the low-end price has been reduced by 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was cold and weak that day.
The market paid close attention to manufacturers’ price guidelines.
Holders offered 14,000 yuan/ton, some at lower prices.
It has also been heard that despite repeated declines in raw materials, buyers are still cautious in short-term purchases.
The prices of downstream epoxy resins have continued to fall and affected raw materials; the spot market continued to fall sharply during the week.
Although the manufacturer's quotations are temporarily unclear, there are rumors of dark stocks and low prices.
The downtrend atmosphere has continued to shrouded, and industry insiders have repeatedly revised their bottom expectations.
The current price of 13,500 yuan/ton has emerged, and the downstream decline is obvious.
The follow-up market needs to be further clarified.
It seems that there is a trend of over-falling 1,000 yuan within the week.
The raw material propylene spot fluctuation is not obvious.
The negotiated price in Shandong area is 9250~9300 yuan/ton, and the buying intention of the outer disk in late July/August is 1100 US dollars/ton; the liquid chlorine market is steadily weakening, and further attention will be paid to the price in Shandong area.
1400~-1600 yuan/ton.
In the domestic epichlorohydrin market at the beginning of the week, the downward adjustment speed of the spot market exceeded expectations.
Downstream users and intermediaries have seen increased market attention and low-price rumors.
Major manufacturers may delay settlement or follow up cautiously.
The downstream epoxy resin market follows The original downtrend, part of the position was covered at an appropriate price, and the follow-up market is under further follow-up.
 

    On the last trading day (June 8), the domestic epichlorohydrin market was mainly down, and there was no improvement.

Do you want to browse the unsaturated resin market information? Click to enter www.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.