Daily review of epichlorohydrin: hard to reverse

[China Epoxy Network (China Epoxy Industry Online)June 19, 2012: The domestic epichlorohydrin market continues to be sluggish, and the weakness remains unchanged.
On the last trading day (June 18, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 11,000 to 11,100 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market continued to be sluggish that day, downstream prices were cut and warehouses were reduced, and overall construction was easy to fall but difficult to rise.
Rigid demand continued to shrink.
The pessimism in the market is overwhelming, the industry has turned into a defensive wait-and-see state, transactions are few, the center of gravity is still lowered, and core customer prices are particularly low; sluggish demand drags down, and expectations are broken down, and the firm transaction is almost within 11,000 yuan/ton.
Related products The downward exploration is accelerated, the terminal has fully entered a defensive state, and buyers are watching and waiting for the market to become more clear.
The epichlorohydrin external disk market fluctuated and fell.
FD Northwest Europe closed at 1630-1660 euros/ton, down 40-45 euros/ton, and the raw material propylene contract temporarily stabilized at 1105 euros/ton FD.
Terminal demand was limited and factory shipments were not smooth.
, The profit margin continued to shrink, some companies fell slightly, the market outlook was still under pressure, and the spot trading performance was mediocre.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 11200 yuan/ton, the mainstream transaction price is 11000-11100 yuan ton; the mainstream price in Huangshan area is 11,300 yuan/ton, the mainstream transaction price is 11,200 yuan/ton; the mainstream in North China is 11100 yuan /Ton, the mainstream transaction price is 10,700-10,900 yuan/ton; the mainstream quotation in South China is 11,300 yuan/ton, and the mainstream transaction price is 11,100-1,1200 yuan/ton.

On the trading day (June 18, 2012), the epichlorohydrin raw material market was difficult to boost and continued to be weak.