Daily review of epichlorohydrin: hovering before the holiday

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 4, 2010: The domestic epichlorohydrin market was hovering and fluctuating within a narrow range before the holiday.
On the last trading day (December 31), the mainstream transaction price in East China in the mainstream market maintained a range of 14,400 to 14,600 yuan/ton for the time being.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), after a week of weak fluctuations in the market on that day, the focus of trading was sluggish, interest in negotiation declined, domestic supply was gradually increasing, and short-term supply was slightly slower.
However, changes are limited, coupled with the approaching holiday, downstream purchasing interest is fading, and more wait-and-see, the downward trend before the holiday continues, and attention is paid to the production and sales of major manufacturers.
International crude oil prices rose again, once again breaking through 80 US dollars per barrel, domestic propylene prices continued to rise, the trend of raw materials was good, and the cost supported the domestic market to a certain extent; domestic manufacturers' installations were unstable, despite the increase in driving installations, the output was low.
Some major manufacturers are only half-loaded.
This pattern may continue around the Spring Festival, which may continue to lead to tight supply of goods and continued high-level consolidation in the market.
At the end of the year, a small number of merchants needed capital turnover and shipped slightly lower, but buyers were still not interested in entering the market.
The downstream purchasing enthusiasm was not high and inventory was mainly consumed.
The overall market transaction was deserted.
The game is positive and the market is narrowed.
Since both buyers and sellers are already weak in interest, trading is deserted.
For the time being, it can be adjusted in a narrow range at a high level in the short term.
Downstream demand continues to be sluggish and the market outlook is still down.
The industry is mainly cautious.

    On the last trading day (December 31), the domestic epichlorohydrin market consolidated slightly.

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