Daily review of epichlorohydrin: range down

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 10, 2009: The focus of the domestic epichlorohydrin market is down, and most markets will be closed.
On the last trading day (October 9), the mainstream transaction price in the East China region of the mainstream market suddenly dropped to the range of RMB 10,600 to RMB 10,800/ton, with a downward adjustment of RMB 600/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market on that day was the first trading day after the holiday, and the focus of negotiations fell sharply.
However, there were not many low-end sources, and downstream manufacturers made more inquiries.
The purchasing enthusiasm is not high.
The market was light on that day, and the transaction price was no longer.
During the holiday period, a small amount of negotiations and transactions were acceptable.
After the festival, mainstream manufacturers lowered their quotations.
Although this still lacks active quotations and mainly waits and sees the market; the current supply of epichlorohydrin exceeds demand and is expected to be short-term The bearish pressure is greater, and market participants are cautious and wait-and-see and operate on demand.
Before the holiday, the Asian epichlorohydrin market was stable.
The negotiated price of barreled cargo is 1500~1550 US dollars/ton (CFR China main port), and the negotiated price of tank filling cargo is 1400~1450 US dollars/ton (CFR China main port).
The price difference between buyers and sellers is gradually widening and market negotiation is light; The domestic market has just passed the "Eleventh" long holiday, the demand for goods has not yet started, but the decline has started, coupled with the recent weakening of raw materials propylene and liquid chlorine, the epichlorohydrin market has been suppressed, the market sentiment remains weak, and the transactions are few.
The current chemical product market is slightly pessimistic, the domestic epichlorohydrin market continues to be weak, the downstream epoxy resin market is weak, and the amount is small, the polycarbonate market is limited, the overall demand is weak, and many negative factors will continue to run softly.

    On the last trading day (October 9), the domestic epichlorohydrin market was negligible and no longer in the market.

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