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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 29, 2010: The domestic epichlorohydrin market has fallen and is in a downturn.
On the last trading day (June 28), the mainstream transaction price in East China in the mainstream market fell to 12,500-13,000 yuan/ton, and the low-end was reduced by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened low and moved down weakly on that day.
The price characteristics are as follows: the transaction is the previous quotation, and the low end is the factory contract.
Downstream low-priced small-order purchases and high-end negotiation interest diminished, and attention was paid to domestic manufacturers' production and sales and device operation.
After a slight rebound last week, it stabilized and recovered slightly.
Some manufacturers stopped for a short period of time due to equipment failures, and the overall supply decreased slightly in the near future.
In addition, due to the low output in the early period and basically no inventory pressure, the short-term factories have strong intentions to stabilize prices and downstream digestion.
Inventory and some small orders are purchased on demand, and the short-term balance of the market is maintained with narrow fluctuations.
At present, the shipment price is still trading.
It can be considered that both buyers and sellers can accept the price at a compromise.
The downstream will cover the position according to demand and pay close attention to the price guidelines of domestic manufacturers.
At present, the main downstream of epichlorohydrin is the epoxy resin industry.
The start of construction has not changed significantly, and the production and sales are still the main guidelines.
It is expected that the narrow range will be the main guide next week.
At present, the market is mainly consolidating, manufacturers' quotations are stable, buyers' purchasing interest is limited, and trading merchants follow the market.
The overall market trading atmosphere is tepid; downstream operations have not changed, and entry into the market is relatively passive, and sellers follow the market to operate and transactions are flat.
On the trading day (June 28), the domestic epichlorohydrin market tidied up channels, fluctuated, and waited for guidance.
Manufacturers' quotations were concentrated at RMB 12,500-13,000/ton, and actual shipments were mostly at a low-to-medium level; recent manufacturers’ installation failures were frequent At present, if the maintenance of Zhonghai Jinghua fails and continues to shut down, Tianjin Chemical's 28,000-ton/year plant fails and shuts down, Xinyue Chemical starts to lose 50% to 60%, and plans to maintain 1 to 2 days at the end of the month.
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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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