Daily review of epichlorohydrin: weak support

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 16, 2011: The domestic market for epichlorohydrin has negative costs and high weakness.
On the last trading day (December 15, 2011), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 13,000 to 13,300 yuan/ton.
According to the analysis of market experts from China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market had both weak purchases and sales on the same day, flattened, weak downstream demand, and manufacturers inadequate to support the price, and local negotiations There are signs of weakening slightly, the mentality of intermediate merchants is hesitating, the cost of holding goods is still not strong, and the intention to sell goods at low prices is still not strong.
The pace of downstream goods is slowed down, and the overall start of construction is easy to decline and difficult to rise.
The downtrend of the epichlorohydrin outer disk market continued.
The Asian region was revised down by US$50 to close at US$1,700 to US$1,850/ton CFR.
Downstream demand was weak, the digestion process of raw materials was slow, and the raw materials propylene and liquid chlorine continued to drop.
This highlights and aggravates the rate of decline, the external economic situation is not good, and the pressure on exports still remains.
700 tons of ocean-going tank cargoes were sold at US$1,700/ton CFR, and some large orders were negotiated for US$1,600/ton CFR.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 13300-13500 yuan/ton, mainstream transaction price is 13000-13300 yuan/ton; mainstream quotation in Huangshan area is 13500-13600 yuan/ton, mainstream transaction price is 13100-13500 yuan/ton ; The mainstream quotation in North China is 13,000 to 13,200 yuan/ton, and the mainstream transaction price is 12,700 to 13,000 yuan/ton; the mainstream quotation in South China is 13,800 to 14,000 yuan/ton, and the mainstream transaction price is 13,500 to 13,800 yuan/ton.

The raw material market for epichlorohydrin was weak on the trading day (December 15, 2011).