Daily review of epichlorohydrin: a small rebound

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 10, 2009: The domestic epichlorohydrin market rebounded slightly and traded within a narrow range.
On the last trading day (June 9), the mainstream transaction price in East China in the mainstream market began to form a range of 9,000-9300 yuan/ton, with the low-end increasing by 200 yuan/ton/ the high-end increasing by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s enquiry atmosphere improved slightly on that day, the level of negotiation shifted upwards, and low-end resources were hard to find at the moment.
This was mainly affected by the upward adjustment of some manufacturers.
The downstream wait-and-see atmosphere is relatively strong, and goods are received cautiously; however, terminal demand is still sluggish.
Driven by the mentality of buying up and not buying down, the market sentiment has improved slightly, and the transaction volume has been slightly higher than before.
There are rumors that manufacturers intend to adjust upwards.
Currently, the market is mainly operating in shocks.
The influence of mainstream manufacturers is still large.
Bohui Chemical raised its ex-factory quotations and drove the focus of market discussions to rise.
However, the transaction was still ordinary and the wait-and-see atmosphere was relatively strong.
Qilu Petrochemical's plant continued to shut down due to the unstable upstream chlor-alkali plant.
The raw material propylene market is mainly operating in consolidation.
Merchants offer 6500-6700 yuan/ton and market turnover is 6500 yuan/ton.
The market's intention to push up is still there, but it is slightly worried; the liquid chlorine market continues to fluctuate, refer to the negotiation level 800-900 yuan /Ton, slightly lower is also heard.
At present, the main manufacturers have a strong atmosphere of rising demand, and it is difficult to change the downturn in downstream demand.
Although the buying mentality is stimulating and the inquiry atmosphere is slightly better than before, it is still difficult to break through the market transactions, the contradiction between supply and demand remains, and the bottleneck effect is difficult to eliminate.

On the last trading day (June 9), the domestic epichlorohydrin market sentiment changed slightly and the market went up.

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