Epoxy resin weekly review: not yet stopped falling

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from July 11, 2011: The first week of July 2011 (July 04 to July 08), the domestic market The oxy resin market has been adjusted downwards and the amplitude has shrunk, while the cost and demand remain the same.
Weekend mainstream liquid resin quotations: Eastern China 24,300-25,500 yuan/ton, low-end down 200 yuan/ton/high-end down 500 yuan/ton, North China 23,900-25,300 yuan/ton, low-end down 200 yuan/ton/high-end 500 yuan Yuan/ton, 24700～25700 Yuan/ton in South China, 200 Yuan/ton lower for low-end/500 Yuan/ton lower for high-end; mainstream price of solid resin: 24000-24500 Yuan/ton for two-step products in East China, 500 Yuan lower /Ton, the one-step products are quoted at 22,000-23,000 yuan/ton in Huangshan area, down 500 yuan, and in North China, quotation is 21,800-22,800 yuan/ton, down 500 yuan/ton.
During the week, both the upstream and downstream markets were weak, (slightly, see the full version for details).
According to experts from China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the epoxy resin market continued to fall, mainly Due to the continuous sharp decline in the price of raw materials and the lack of improvement in market demand, although the prices of suppliers are getting lower and lower, it is still difficult to ship goods and transactions are scarce.
Buyers tend to wait and see, and the bearish atmosphere is strong.
Transactions are scarce and falling.
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