echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Resin News > Daily review of epichlorohydrin: turn to bearish

    Daily review of epichlorohydrin: turn to bearish

    • Last Update: 2021-04-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    [China Epoxy Network (China Epoxy Industry Online)November 29, 2011: The domestic epichlorohydrin market is at a high stalemate, and it is difficult to see heavy volume.
    On the last trading day (November 28, 2011), the mainstream transaction price in East China in the mainstream market temporarily maintained the range of 12,500 to 12,800 yuan/ton, but it was at the low end.
    According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online)the spot market on the day is mainly to explore the direction, the offer range is lowered, the real offer negotiations are deserted, and there is little clear news about the transaction for the time being.
    , The downstream load slightly drops, demand shrinks, risk aversion is rising again, consumption power is easy to fall but hard to rise, the overall market outlook is expected to be bearish; in fact, the weekly market high has been weak, the focus of negotiation has weakened within a narrow range, and the decline of related products has accelerated , It is close to the psychological line of defense of the industry, and the end of the month is approaching, and the spot is expected to fluctuate within a narrow range.
    Pay attention to the status of downstream epoxy resins.
    The high-profile speculation in the early stage is particularly eye-catching.
    Despite the efforts of all parties, it is difficult to meet demand.
    Negotiations have weakened within a narrow range and overall trading has been bleak.
    Related products have fallen sharply and restrained many parties' capacity.
    It is expected that the market will continue to loosen within a narrow range this week.
    Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,800-13,000 yuan/ton, mainly low-end, and the mainstream transaction price is 12,500-12,800 yuan/ton, mainly low-end; the mainstream quotation in Huangshan area is 13,000 yuan/ton, center of gravity The mainstream transaction price is 13,000 yuan/ton, and the center of gravity is lowered; the mainstream quotation in North China is 12,600 yuan/ton, and the center of gravity is lowered.
    The mainstream transaction price is 12,300-12,600 yuan/ton, mainly low-end; the mainstream quotation in South China is 13,000-13,500 Yuan/ton, mainly low-end, mainstream transaction price is 13000-13300 Yuan/ton, mainly low-end.


    On the trading day (November 28, 2011), the raw materials of epichlorohydrin were arranged within a narrow range.


    (Slightly, see the full version for details).





    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.