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[China Epoxy Network (China Epoxy Industry Online)News on October 12, 2011: The domestic epichlorohydrin market continues to decline slightly, and the focus is on consolidation.
On the trading day (October 11, 2011), the mainstream transaction price in the mainstream market in East China gradually entered the range of 13,500-13,600 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market continued to fluctuate weakly on that day, pessimism was concentrated, and some low prices appeared slightly.
Prices are lower, and the market is slowly falling within a narrow range, and continue to look for support downward; multiple pressures on downstream costs and capital make it difficult to "rise", lack of demand support, high conflicts, and bleak firm offers; related products bisphenol A continue to sink and fall The situation is unstoppable, the joint relationship is affected, and the market cannot escape bad luck.
Some manufacturers have begun rotating inspections and the installation load has been halved.
The epichlorohydrin external market remained weak and stable.
CFR China's main port closed at US$2100-2200/ton, and the spot part was quoted at US$2200/ton CFR Northeast Asia.
Buyers offered few offers and poor transactions.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 13,700 yuan/ton, the mainstream transaction price is 13500-13600 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 13,800 yuan/ton, the mainstream transaction price is 13600-13800 RMB/ton, lower-end price reduction of 100 RMB/ton; mainstream quotation in North China area of 13,500 RMB/ton, mainstream transaction price of RMB 13,000-13300/ton, lower-end price of RMB 500/ton/high-end price reduction of RMB 200/ton; mainstream price of South China area 14,200 yuan/ton, the mainstream transaction price is 14,000-14100 yuan/ton, and the high-end price is lowered by 100 yuan/ton.
On the trading day (October 11, 2011), the trend of epichlorohydrin raw materials is temporarily stable, and the market outlook is waiting to be seen.
(Slightly, see the full version for details).