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[China Epoxy Network (China Epoxy Industry Online)News on April 23, 2012: The domestic epichlorohydrin market has receded from the speculation, and wait-and-see growth.
On the last trading day (April 20, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 11,600 to 11,700 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market atmosphere was slightly quiet that day, and the momentum of multi-party speculation was gradually exhausted.
The main factories released information and planned to continue to cut prices next week.
, Causing industry worries, and merchants’ profit-taking intentions are slightly apparent; the current market rebound is slow and the direction is not clear.
Some new production capacity is expected to be launched at the end of the month.
The market will be hit again and confidence in the market outlook is slightly lacking.
There is no obvious sign of downstream demand for the time being, and the weekend is mainly consolidating within a narrow range.
The market sentiment of epichlorohydrin was sluggish, cost pressure in Northeast Asia, low prices were hard to find, seller's offer was high at US$1850-1900/CFR, demand was weak and difficult to adjust, buyer's counter-offer was less than US$1,750/ton CFR, 700 tons were sold The CFR of 1,800 US dollars/ton, the source of the goods is temporarily unknown, and the small order of 40 tons is negotiated for US$ 1,900/ton, pending certification.
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 20, 2012), the raw materials of epichlorohydrin were generally weak.
(Slightly, see the full version for details).