Daily review of epichlorohydrin: the atmosphere is sluggish

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 25, 2010: The domestic epichlorohydrin market was downgraded at the beginning of the week and the atmosphere was sluggish.
On the last trading day (May 24), the mainstream transaction price in East China in the mainstream market has dropped to the range of 16,500-16,700 yuan/ton, and the price has been reduced by 300 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the trading atmosphere on the day was very sluggish.
The factories temporarily kept their prices and waited and watched, and the downstream waited and looked bearish.
The market was slightly heard and mainstream.
There is a lack of negotiating space, the overall market is weak, and trading is sluggish.
Some intermediate merchants’ retail offers have reached 16,000 yuan/ton; more downstream vendors wait and see and wait for further price guidance from suppliers.
The impact of falling raw materials and the weakening of the market, some solid manufacturers may Production will be cut and discontinued.
Since last week, the domestic market has been sluggish.
With the consolidation of oil prices and bulk commodities, the industry’s expectations for adjustments have risen, and some manufacturers’ shipments have been blocked.
Individual manufacturers have taken the lead in reducing their shipments slightly.
Although they are irrelevant to the spot market, they can confirm the market’s expectations.
Correctness.
At present, the trend of epichlorohydrin is out of line with the raw materials.
The external price is high but the available supply is not large.
The most important factor is the manufacturer-price guidelines, and the production, sales and purchase of major downstream epoxy resins.
Pay close attention to and predict the market situation during the week.
The disadvantaged is mainly organized.
In short, the market atmosphere of epichlorohydrin is deserted.
Downstream delisting, wait-and-see, less inquiries are heard, and merchants who hold the goods have difficulty in taking the goods and wait-and-see.
Although most manufacturers offer strong prices, most market participants hold a sharply bearish mentality, and buyers have no intention of taking orders and trading stalemate.

    On the last trading day (May 24), the domestic epichlorohydrin market was more wait-and-see, and the volume was slow.

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