Daily Review of Epichlorohydrin: Lack of Transaction

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 30, 2011: The domestic epichlorohydrin market lacks transactions and the market is weak, and the trading day (August 2011) 29th) The mainstream transaction price in the East China region of the mainstream market temporarily maintains the range of 13,800-14,000 yuan/ton.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market remained weak and stalemate on the day.
Trade merchants’ offers continued to be weak, with few high-end inquiries and lack of transactions, and most of them closed and waited.
, Buyers’ inquiries are few and transactions are limited; downstream highs are not smooth, profits are shrinking, risk aversion is slowly increasing, raw material sourcing intentions are weak, overall cautiousness and weak demand are still the main troubles in the market; the market has been low since last week.
, Mainstream manufacturers’ quotations are lowered, trading merchants and downstream terminals have a negative mentality, firm orders are operated cautiously, transactions are limited and shipments are limited, continue to be narrow and weak, and focus on mainstream manufacturers; the market is basically stable at the beginning of the week, and the manufacturer’s price policy is vague.
For the spot market Lack of direction guidance; in short, the market is inertially wait and see, sellers offer scarce prices, wait and see market atmosphere, insufficient downstream operations, limited terminal purchases, and it is not easy for merchants to sell goods.
Domestic epichlorohydrin market regional quotations: mainstream quotations in East China are 14,000-14,300 yuan/ton, mainstream transaction prices are 13,800-14,000 yuan/ton; mainstream quotations in Huangshan area are 14,200 yuan/ton, mainstream transaction prices are 14,000-14100 yuan/ton; North China The mainstream quotation in the region is 14,000 yuan/ton, and the mainstream transaction price is 13700-13900 yuan/ton; the mainstream quotation in South China is 14500-14800 yuan/ton, and the mainstream transaction price is 14300-14500 yuan/ton.

On the trading day (August 29, 2011), the epichlorohydrin raw material market was differentiated.