Daily review of epichlorohydrin: continue to cut prices

[China Epoxy Network (China Epoxy Industry Online)November 9, 2011: The domestic epichlorohydrin market continues to decline and prices are falling.
On the last trading day (November 08, 2011), the mainstream transaction price in East China in the mainstream market began to form a range of 11,700 to 12,000 yuan/ton, and the low-end was reduced by 300 yuan/ton/the high-end 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 fluctuated within a narrow range on that day, and the fear of falling atmosphere was still strong, and the purchase intention of users was weak, despite the fact that the factory's quotation dropped.
Falling again, it is still difficult to rival the fragile demand, the overall trading is sluggish, the high and low end transactions are difficult, the current break position is opened, the demand continues to help the decline; the main manufacturers' quotations have fallen continuously and have not yet attracted buyer interest, the market confidence is severely lacking, and downstream Small orders are covered on demand, the related product bisphenol A is weak and the market outlook becomes more uncertain.
It is expected that the short-term temporary decline will be mainly absorbed, with narrow fluctuations and the actual trading volume will be temporarily difficult to increase.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,300 yuan/ton, the mainstream transaction price is 11,700-12,000 yuan/ton, the low-end price is reduced by 300 yuan/ton/the high-end price is reduced by 100 yuan/ton; the mainstream price in Huangshan area is 12,500 yuan/ Ton, the mainstream transaction price is 12,000 yuan/ton, down 300 yuan/ton; the mainstream quotation in North China is 11,800 yuan/ton, 400 yuan/ton, the mainstream transaction price is 11,500-11600 yuan/ton, and the low-end price is down 300 yuan/ton/high-end Decrease 400 yuan/ton; mainstream quotations in South China are 12,800 yuan/ton, mainstream transaction prices are 12,200-12,500 yuan/ton, and 11,700-12,000 yuan/ton range, lower-end prices are lowered by 300 yuan/ton, high-end prices are lowered by 100 yuan/ton.

On the trading day (November 08, 2011), the raw materials of epichlorohydrin improved.