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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 8, 2010: The domestic epichlorohydrin market continues to decline and is bleak.
On the trading day (June 7), the mainstream transaction price in East China in the mainstream market has reached 14,000 yuan/ton on a single platform, and the high-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 did not show any improvement at the beginning of the week, and the market atmosphere was general.
Manufacturers’ quotations have not yet settled, and follow-up development is under further attention; the main characteristics of the market operation on the day are: manufacturers’ prices are temporarily unclear, the spot continues to decline last week, downstream and middlemen are paying more attention, and the market is expected to gradually become clear-the market plummeted last week , Waiting for the bottom of the market.
As the downstream passive purchases continue for 20 days, some manufacturers may show certain shipment pressure.
However, some solid resin manufacturers in the downstream have continued to drive in the middle and later last week, which also brought a limited joy to the market.
Focus on manufacturers this week.
The guideline and expected market are gradually reaching the bottom.
At present, the market is waiting and watching, manufacturers reporting high and low prices, the market is falling and falling, and buyers are still cautious.
After a sharp drop in prices in the previous period, the transaction scale has not recovered.
The quotations of individual merchants continue to fall, and some intermediate merchants purchase on demand.
User intention prices are lower and transactions are lacking.
It can be seen that despite a large number of negative releases, there is still room for the downside of epichlorohydrin.
Market participants are cautious and wait and see, and operate on demand.
On the last trading day (June 7), the domestic epichlorohydrin market was cold, and the market continued to drop.
The manufacturer's price was temporarily unclear.
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