Daily Review of Epichlorohydrin: Festive Atmosphere

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 1, 2011 News: The domestic epichlorohydrin market has a festive atmosphere and maintains the contract.
On the last trading day (January 31), the mainstream transaction price in East China in the mainstream market continued to hover in the range of 15,700-16,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association ( www.
epoxy-e.
cn ), the spot market on that day was mostly festive and weak transactions.
Manufacturers’ offers were temporarily stable, indicating that they would still rise after the holiday.
Holders Reluctant to sell, the downstream is delisting one after another, the spot atmosphere is light, and the holiday contract supply is maintained.
The raw material market is basically stable, with limited negative benefits, it is difficult to have large fluctuations, and it is not easy to maintain stability during the Spring Festival.
Support can still be maintained and cost energy stable.
Epichlorohydrin manufacturers continue to operate at a high level and steadily.
The overall load is still low, and the main products are maintained before the holiday.
The main manufacturers have limited spot volume and the short-term market after the holiday is cautiously optimistic.
Given that the overall start of construction remains low at present, the spot supply continues to be tight, and the price of goods is tight, the start of the Spring Festival is still low and the contract supply is the main one.
It is expected that there will be a price increase operation after the holiday.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 16,000 yuan/ton, mainstream transaction price is 15700～16,000 yuan/ton; mainstream quotation in Huangshan area is 16,000 yuan/ton, mainstream transaction price is 16,000 yuan/ton; mainstream quotation in North China is 15,500 ~16,000 yuan/ton, the mainstream transaction price is 15,500 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, and the mainstream transaction price is 16,200-16500 yuan/ton.

The market is about to enter the holiday season, and I wish everyone in the industry a happy Chinese New Year.
(This station reporter)