Epichlorohydrin daily review: wait and see after the holiday

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on February 21, 2010: The domestic epichlorohydrin market has maintained stability during festivals and will wait and see after the festival.
On the last trading day (February 20), the mainstream transaction price in East China in the mainstream market will temporarily retain the range of 16,000 to 16,500 yuan/ton.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened on the same day as the holiday, with a strong wait-and-see atmosphere and stable operations of major manufacturers.
Many small and medium-sized manufacturers in the downstream stopped and started operations during holidays.
The market needs to be improved, and the market is sluggish and mainstream negotiations are limited.
After the Spring Festival, the focus of the market remains.
Pay close attention to the main manufacturers-the starting load and price trend.
Once the starting load increases and the market supply eases the contradiction, the epichlorohydrin market is expected Stepping into downward adjustment; the opening atmosphere is light, trading companies rarely offer active quotations, it is heard that mainstream manufacturers still have upward adjustment intentions, pending certification, most downstream industries have not yet returned to the market, and the reference negotiation level is temporarily maintained; currently there is still a trend of low prices.
After the Spring Festival, the downstream has not yet returned to the market.
Most of them have stopped purchasing and the shipment speed has been slow.
Some shipments have slightly increased pressure and negotiated prices have slightly loosened.
However, market demand is lacking and transactions are deserted.
At present, the external market of epichlorohydrin continues to maintain its strength, mainly supported by raw material costs and tight supply of goods.
The mainstream offer of offshore cargo is US$1,950/ton (CFR China's main port), and the offer of US$2050-2100 for ocean excluding anti-dumping duties.
/Ton (CFR China's main port), the market consolidation risk factor increased in March, and import negotiations were cautious.
In the past half month, negotiations in the external market have slowed down, and some import sources have arrived in March.

    On the last trading day (February 20), the domestic epichlorohydrin sales were limited and the atmosphere was deserted.

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