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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 3, 2009: The domestic epichlorohydrin market continued to warm up early this week and continue to rise.
On the last trading day (November 02), the mainstream transaction price in the mainstream market in East China began to build a single platform of 10,500 yuan/ton, and the low-end increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), some of the market manufacturers continued to raise their quotations on the same day, and there was a strong wait-and-see atmosphere.
The negotiated prices closed higher at the low end and formed a single end.
However, there is little news about transactions for the time being.
; At present, market costs are under pressure and the market has risen slightly, but with the arrival of the off-season, domestic manufacturers and trading merchants are cautious, and the market may still rise slightly.
At present, the market as a whole is mainly wait-and-see, and there are few actual transactions.
The raw material propylene is consolidating within a narrow range and the liquid chlorine trend is stable.
Most of the merchants are not optimistic about the market outlook, and the mentality of reluctance to sell is slightly obvious.
All parties as a whole wait and see the overall dynamics of the manufacturers.
There is no change in downstream operations and no demand.
Change the outlook and discuss desertedly.
The situation in the afternoon showed that raw material support was limited-propylene maintained a consolidation pattern, despite the positive trend of liquid chlorine; downstream epoxy resins started generally, the market is mainly organized, manufacturers are not very active in taking goods, consumption has not improved, and overall shipments are limited; As manufacturers have raised their quotations, it is expected that the domestic market will continue to rise in the short-term.
In the process of this round of manufacturers' price increases, Bohui Chemical and Tianjin Chemical took the lead.
This is different from the previous situation.
Others should follow up in the later period, and demand will be highly concerned.
On the last trading day (November 02), the domestic epichlorohydrin market was tidied and went up smoothly.
The negotiation atmosphere was light and the overall transaction volume was low.
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