Daily review of epichlorohydrin: continued decline in a narrow range

[China Epoxy Network (China Epoxy Industry Online)News on April 1, 2012: The domestic epichlorohydrin market adjusted within a narrow range and slightly declined.
On the last trading day (March 31, 2012), the mainstream transaction prices in the East China region of the mainstream market began to form a range of 11,900 to 12,100 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market fell within a narrow range on that day, and the low-end offers tended to be, and most of the negotiations fell below 12,100 yuan/ton.
Core users receive lower shipments, approaching the end of the month, the momentum of the decline is temporarily converging, manufacturers or parking or monthly settlement, lack of spot guidance; merchants’ profit margins are suppressed, and the current closures are waiting to see, the market sentiment is weak, the demand is shrinking significantly, and costs are added.
The decline has expanded, and there is no lack of further downside possibilities.
The external trading of epichlorohydrin was sluggish, and the trading in Northeast Asia was sluggish.
Although the raw material propylene was high, the domestic spot was weak.
The seller offered US$1,900/ton CFR, and the buyer countered US$1800-1850/ton CFR.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,200 yuan/ton, the high-end price is reduced by 200 yuan/ton, the mainstream transaction price is 11,900-12,100 yuan/ton, and the price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 12,400 yuan/ton, The high-end price is lowered by 200 yuan/ton, the mainstream transaction price is 12,200-12,300 yuan/ton, and the price is lowered by 100 yuan/ton; the mainstream price in North China is 12,000 yuan/ton, the high-end price is lowered by 100 yuan/ton, and the mainstream transaction price is 11,700 to 11,900 yuan/ton.
100 yuan/ton; mainstream quotations in South China are 12,700 yuan/ton, high-end prices are lowered by 200 yuan/ton, mainstream transaction prices are 12,400-12500 yuan/ton, and lowered by 100 yuan/ton.

The raw materials of epichlorohydrin continued to weaken on the trading day (March 31, 2012).

    On the last trading day (March 31, 2012), the offer of epichlorohydrin manufacturers is temporarily stable, or may be suspended or closed, and the spot price has slowed down, so wait and see.