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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 15, 2011: The domestic epichlorohydrin market is operating at a high level and remains to be clarified.
On the trading day (February 14), the mainstream transaction price in the mainstream market in East China was temporarily stable at 16,000 yuan/ton on this platform.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market continued to be at a high level on that day, and the offer was trending towards 16,000 yuan/ton or more, and negotiations were approaching 16,000 yuan/ton.
Some manufacturers’ contract prices were slightly lower.
The demand for downstream epoxy resins is gradually recovering.
Last week, the internal and external markets were high and wait-and-see.
The direction was not clear, the market transactions were not large, and the raw materials after the holiday rose in a narrow range.
The production enterprises were still unstable, and most of them had no production and sales pressure in February.
, With the recovery of downstream demand and the return of industry players this week, the production and sales of various factories will be clear, and the market trend will be clear.
It is expected that the market will continue to run at a high level during the week.
In short, the buying momentum is weak, the transaction is less heard, the domestic manufacturers' production and sales are temporarily stable, and the sales are controlled.
The demand is expected to resume one after another and the intention to rise.
Market participants are optimistic and most are bullish.
They continue to pay attention to the production and sales dynamics of the main manufacturers and the recovery of downstream demand.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 16,000-16500 yuan/ton, the mainstream transaction price is 16,000 yuan/ton; the mainstream quotation in Huangshan area is 16,000-16500 yuan/ton, the mainstream transaction price is 16,000 yuan/ton; the mainstream in North China The quotation is 16,000 yuan/ton, and the mainstream transaction price is 15,500-16,000 yuan/ton; the mainstream quotation in South China is 16,500-17,000 yuan/ton, and the mainstream transaction price is 16,500 yuan/ton.
On the last trading day (February 14), the epichlorohydrin raw material market was mainly reorganized.
The high international crude oil inventory pressure and volatility remained.