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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 22, 2010: The domestic epichlorohydrin market is stably consolidating and operating smoothly.
On the last trading day (November 19), the mainstream transaction price in the East China region of the mainstream market continued to maintain the range of 14,800-15,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market sentiment was average and trading was flat on the day.
Merchants offered 15,000 yuan/ton, reference negotiations were basically stable, and transactions were mostly terminal.
, Low-end prices are gradually withdrawn from the market, the rebound lacks sustained momentum, and the stalemate may continue; the raw material propylene continues to callback, cost support is weakening, the supply of goods is general, and the demand is acceptable, but the terminal transaction is still not high, and the downstream demand is limited and large.
Follow up with small orders on demand, be cautious when receiving orders, and keep the currency on the sidelines.
The external market for epichlorohydrin was stable.
CFR China’s main port closed at US$2,100 to US$2,200/ton.
The atmosphere was calm.
Some tanks were offered at US$2,200/ton CFR.
Firm offers are still not many.
Demand for downstream epoxy resins is limited, and manufacturers are cautious in accepting orders, and mostly stay on the sidelines.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 15,000 yuan/ton, mainstream transaction price is 14800~15,000 yuan/ton; mainstream quotation in Huangshan area is 15,000 yuan/ton, mainstream transaction price is 15,000 yuan/ton; mainstream quotation in North China is 15,000 yuan/ton The mainstream transaction price is 14900~15000 yuan/ton; the mainstream quotation in South China is 15500 yuan/ton, and the mainstream transaction price is 15300~15500 yuan/ton.
On the trading day (November 19), the market adjustment of epichlorohydrin raw materials was slightly reduced.
According to market experts from the China Epoxy Industry Association (www.
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