Daily review of epichlorohydrin: a small drop in the low-end

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 20, 2009: The domestic epichlorohydrin market is still sluggish, with a slight decline in the low end.
On the last trading day (October 19), the mainstream transaction price in East China in the mainstream market has ranged from RMB 10,200 to RMB 10,400/ton, and the low-end price has been reduced by RMB 100/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened at the beginning of the week.
The trading atmosphere was light and the sellers were cautious in entering the market.
They still wait and see the trends of major manufacturers.
The current negotiation range continues to move downward.
; At present, the momentum of last week is basically continued, affected by high inventory and poor demand, and the overall price market is running down.
It is still necessary to pay attention to the sales strategy of domestic manufacturers, especially whether the extension of the manufacturer is flop, whether the raw materials can be supported, and downstream follow-up is expected.
Weak operations continued throughout the week.
The support of raw materials is obviously insufficient and the market supply continues to be surplus.
Manufacturers have stopped and traded at low prices to meet the market trend and ease their own pressure.
The downstream-epoxy resin-demand has been slow to increase and the pressure has increased, and some manufacturers have reported high Operating under the dark box, most of the inventory has increased, and the delivery is slightly unsmooth; in short, the market is mainly weak, cost support, and the room for decline is limited; at the same time, the raw materials are improving, the cost is supported, and the market merchants have a subtle mentality.
Recent consumption and small purchases have appeared.
However, downstream manufacturers have generally started operations and received only a small amount of goods.
The demand has still not changed significantly.
Market participants are mainly waiting and watching and cautiously entering the market.
Transactions and shipments continue to show light characteristics.

    On the last trading day (October 19), the domestic epichlorohydrin market was operating in a difficult atmosphere, and there were not many transactions.

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