Daily Review of Epichlorohydrin: Stable Spring Festival

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 9, 2011: The domestic epichlorohydrin market is stable during the holiday season and has not seen fluctuations.
During the Spring Festival (February 2-8), the mainstream transaction prices in East China in the mainstream market continued to hover in the range of 15,700-16,000 yuan/ton.
According to the analysis of market experts from China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), the spot market has a festive atmosphere and weak transactions during the period.
Manufacturers’ offers are temporarily stable but may still rise after the holidays.
Merchants are mainly reluctant to sell, and the downstream part Maintain, light spot atmosphere, holiday contract supply.
The raw material market is basically stable, the negatives are limited, it is difficult to have large fluctuations, and the rise and fall are not easy, the support can still be maintained, and the cost energy is stable.
Epichlorohydrin manufacturers continue to operate at a high level and steadily.
The overall load is still low, and the main products are maintained before the holiday.
The main manufacturers have limited spot volume, and the short-term market after the holiday is cautiously optimistic.
In view of the current low overall start-ups, continued tight spot supply and tighter prices, after the Spring Festival, the start-up level is still low and contract supply is the main focus.
It is expected that manufacturers will increase prices, and the specific extent will depend on the main manufacturers' operations.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 16,000 yuan/ton, the mainstream transaction price is 15700～16,000 yuan/ton; the mainstream quotation in Huangshan area is 16,000 yuan/ton, the mainstream transaction price is 16,000 yuan/ton; the mainstream quotation in North China is 15,500 ~16,000 yuan/ton, the mainstream transaction price is 15,500 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, and the mainstream transaction price is 16,200-16500 yuan/ton.

(This station reporter)

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