Daily review of epichlorohydrin: bottoming momentum

[China Epoxy Network (China Epoxy Industry Online)News on April 10, 2012: The domestic epichlorohydrin market remains weak, and transactions are still ongoing.
On the last trading day (April 09, 2012), the mainstream transaction price in the East China region of the mainstream market has formed a 11,500 yuan/ton platform, and the low-end price has been reduced by 100 yuan/ton and the high-end price has been reduced by 300 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)indicated that the spot market continued to fall on that day, and the decline was unstoppable.
The offers of mainstream domestic manufacturers continued to fall, and the intermediary merchants continued to decline.
The arbitrage space is closed, most markets are closed on the sidelines, and the 12,000 yuan/ton mark fell across the board; the downstream is still weak, the terminal is cautiously hunting bottoms, the intention to enter the market is unclear, and the trading atmosphere is sluggish.
It is expected that the weak struggle and the timing of bottoming may be imminent.
There are few transactions in the epichlorohydrin external market.
The early adjustments in Northeast Asia are intensive, and the current Qing Ming Dynasty has passed.
The trading atmosphere has cooled down and the panic mentality has slightly appeared.
Some sellers bid 1,850 US dollars / ton CFR, and the terminal counters a small amount of 1,800 US dollars / ton.
The divergence is large and the actual transactions are few.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 12,000 yuan/ton, down 200 yuan/ton, mainstream transaction price is 11,500 yuan/ton, low-end down 100 yuan/ton/high-end down 300 yuan/ton; Huangshan area mainstream The quoted price is 12,200 yuan/ton, the mainstream transaction price is 11,500-12,000 yuan/ton, and the low-end price is reduced by 500 yuan/ton; the mainstream price in North China is 11,800 yuan/ton, and the mainstream transaction price is 11,300-11,500 yuan/ton, which is reduced by 200 yuan/ton; South China The regional mainstream price is 12,500 yuan/ton, the mainstream transaction price is 12,000 yuan/ton, the low-end price is reduced by 100 yuan/ton, and the high-end price is reduced by 300 yuan/ton.

    On the trading day (April 09, 2012), the raw material of epichlorohydrin was operating weakly.