Daily review of epichlorohydrin: the decline continues

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 24, 2011: The domestic epichlorohydrin market continues to fall and the downward trend has not been seen.
On the last trading day (June 23, 2011), the mainstream transaction price in East China in the mainstream market can still maintain the range of 12,500 to 13,000 yuan/ton, but the low-end is mostly.
The market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn indicated that the spot market was still sluggish that day, and the cautious wait-and-see atmosphere was strong.
Some offers fell below 13,000 yuan/ton, and terminal buying Insufficient, few real order inquiries, rigid demand from some buyers, and small order replenishment; with the sharp decline in external markets and the downturn of related products, the market mentality is slack, dealers follow the market and the volume of related products bisphenol A is unstoppable and falls sharply , The overall market outlook of the industry chain is still bearish.
The industry pays close attention to the news of bisphenol A, and the weak pattern is expected to continue.
The external market for epichlorohydrin has further declined, the raw material propylene has fallen, and the downstream epoxy resin has been weak, and the Chinese spot market has continued to be affected by the downward adjustment.
CFR China Reference Discussions 1950-2050 yuan/ton, 50-100 US dollars/ton, import market prices are not competitive , Factual transactions are scarce.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 13,000 yuan/ton, the mainstream transaction price is 12,500-13,000 yuan/ton; the mainstream quotation in Huangshan area is 13,000-13500 yuan/ton, the mainstream transaction price is 12600-13100 yuan/ton, downward adjustment 200 yuan/ton; the mainstream quotation in North China is 13,000 yuan/ton, and the mainstream transaction price is 12,500-13,000 yuan/ton; the mainstream quotation in South China is 13,500 yuan/ton, and the mainstream transaction price is 13,000-13500 yuan/ton.

On the trading day (June 23, 2011), the performance of epichlorohydrin raw materials was average (slightly, see the full version for details).

    On the trading day (June 23, 2011), the epichlorohydrin manufacturers maintained low-key operations and there is no shortage of adjustment possibilities.