Daily review of epichlorohydrin: the atmosphere weakens

[China Epoxy Network (China Epoxy Industry Online)News on April 24, 2012: The domestic epichlorohydrin market has weakened and the center of gravity has become stronger.
On the last trading day (April 23, 2012), the mainstream transaction price in East China in the mainstream market maintained a range of 11,600 to 11,700 yuan/ton for the time being.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the spot market began to change the direction of the day.
Most merchants waited and watched, and a small number of offers rose within a narrow range, and downstream inquiries were cautious.
No transactions have been heard.
Last week’s bottoming out and the rebound are limited in time and scope.
The main factories have blurred production and sales policies and lacked directions; currently the factory has increased the atmosphere and the atmosphere has slightly increased, and the industry’s mentality is slightly wait-and-see.
After all, the cost is still weak and related products.
Weakening, terminal offers rebounded within a narrow range, but limited transactions, sluggish demand is still a "blocker" to pick up, the release of new production capacity from the end of the month to next month, aggravating the market outlook is expected to be turbulent.
Epichlorohydrin was traded sideways.
FD Northwest Europe in Europe closed at 1675～1700 Euros/ton.
There was no obvious improvement in downstream epoxy resin, and terminal demand was slow to follow up.
Spot trading was quiet and only sporadic shipments.
Worries are growing, and contract negotiations in May will begin soon.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 11,600-11,800 yuan/ton, the mainstream transaction price is 11,600-11,700 yuan/ton; the mainstream quotation in Huangshan area is 11700-11,900 yuan/ton, the mainstream transaction price is 11,600-11700 yuan/ton ; The mainstream price in North China is 11,600 to 11,700 yuan/ton, and the mainstream transaction price is 11,400 to 11,500 yuan/ton; the mainstream price in South China is 12,000 to 12,200 yuan/ton, and the mainstream transaction price is 11,800 to 11,900 yuan/ton.

On the trading day (April 23, 2012), the epichlorohydrin raw materials were generally weak.