Daily review of epichlorohydrin: not yet stopped

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 11, 2010: The domestic epichlorohydrin market has not seen a stable situation and has not yet stopped falling.
On the last trading day (June 10), the mainstream transaction price in East China in the mainstream market continued to drop to form a range of 13,300-13,500 yuan/ton, and a 200 yuan/ton reduction.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere in the market was still weak and the prices were messy.
Some of the offers have reached 13,500 yuan/ton, and the center of gravity is concentrated on the low-to-medium level.
The resistance level of 13,500 yuan/ton has been lost; the downstream is waiting and watching and purchasing cautiously.
Pay close attention to the spot market.
The production and sales of epoxy resins are not good, and the wait-and-see atmosphere is strong.
Part of the low-priced replenishment is mostly below 13,500 yuan/ton.
The market sentiment is sluggish, many manufacturers have no clear quotations, low-priced goods are constantly available, and lower prices are also heard.
The pressure on production and sales of manufacturers is increasing, and it is difficult to slow down the short-term adjustment of epichlorohydrin pressure.
The international crude oil fluctuated within a narrow range, the commodity market was weakened, and the upstream direct raw material market was adjusted within a narrow range: propylene spot declined slightly and partially fluctuated.
The low-end price in Shandong dropped to 8900 yuan/ton, and the overall negotiation was 8900-9200 yuan/ton; Liquid chlorine is calm and narrowly oscillated.
The Shandong area negotiates 1,400 to 1,600 yuan/ton.
Epichlorohydrin has fallen sharply, bisphenol A has joined the downward force, the epoxy resin market has fallen in cost, and the downward adjustment pressure has been greater.
The current price is messy and shipments are blocked.
The previous epichlorohydrin market was in a sluggish atmosphere, the prices of major manufacturers were vague, and the market was on the go.
The downstream was cautiously purchasing, and the market was deteriorating.
The bottoming trend continued throughout the week without improvement.

On the last trading day (June 10), the domestic epichlorohydrin market was still unclear and continued to decline.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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