Daily Review of Epichlorohydrin: Continued Weak Market

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 9, 2009: The domestic epichlorohydrin market continues to be weak and the market is tidy.
On the last trading day (June 8), the mainstream transaction price in East China in the mainstream market remained in the range of 8,800 to 9,000 yuan/ton.
According to the analysis of the market experts of the China Epoxy Industry Association (www.
epoxy-e.
cn), the market talks on the day continued to revolve around the original level and the enquiry atmosphere was general.
Some manufacturers raised their quotations by 500 yuan/ton, which strengthened the market’s wait-and-see and overall There were few transactions, mainly weak consolidation, and limited market transactions.
The main manufacturers' installations are stable and domestic spot resources are abundant.
Qilu Petrochemical's installations will resume operation within a week; at the same time, the terminal demand is sluggish, and the main downstream epoxy resin manufacturers may reduce the load or temporarily stop, and watch the market to avoid risks to reduce losses.
The market is weak and difficult to change, and the number of transactions is limited.
At present, the market is weak and narrowly consolidating, with a pessimistic mentality.
The overall transaction is insufficient, and the manufacturer's contract supply is mainly.
The later start-up devices are still in use, and the scale of circulation is bound to increase.
The raw material propylene is expected to rise slightly, but the rebound is limited; the liquid chlorine market is weak and difficult to change in the short term.
Downstream entered May to reduce orders, and the situation did not improve much in June.
Terminal demand is still shrinking.
Manufacturers are operating at 50% of the load.
Most merchants are selling at low profits and are bearish on the market outlook.
The market lacks favorable support and is expected to fluctuate and consolidate.
Following some manufacturers’ quotation increases, the market’s opening atmosphere at the beginning of the week improved slightly, and trade merchants’ quotations also increased, and the focus of actual negotiations has increased.
 

    On the last trading day (June 8), the domestic epichlorohydrin market was negligent and stalemate mainly, the negative still prevailed, short-term turnaround was difficult, the market trend was stable, and trading negotiations were general.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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