Daily review of epichlorohydrin: low market setbacks

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 14, 2009: The domestic market for epichlorohydrin has fallen and continues to decline.
On the last trading day (July 13), the mainstream transaction price in East China in the mainstream market has dropped to 9,300 yuan/ton for the first-line, low-end down 100 yuan/ton/high-end down 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market price continued to fall on that day, and there are also some hearsays that reference negotiations are slightly lower, and there is a trend of 9,000 yuan per ton.
The market wait-and-see mentality, downstream demand is sluggish, and market transactions are poor.
The current lack of positive support continues, the domestic market continues to fall, and the main manufacturers have stable operation and abundant spot resources.
The downturn in downstream demand is difficult to change in the short term, and follow-up is limited.
Merchants and downstream have a strong wait-and-see attitude and a relatively pessimistic attitude.
The market continues to fluctuate.
Manufacturer dynamics still need to be closely watched.
The raw material propylene has skyrocketed in the early stage and gradually consolidated.
The domestic market continues to rise and is unable to fight the sluggish demand.
The energy seems to be still slightly inferior, and the downstream demand cannot form the support of the transaction scale; the market supply is abundant and some inventories are high, although it has not been a while ago.
I heard the news about manufacturers shrinking or lowering prices, but the opening of the market at the beginning of the week "come true" quickly.
Trading merchants and downstream manufacturers are subject to sluggish demand and poor delivery.
They have a strong wait-and-see attitude and a pessimistic mentality.
In short, the continued decline in crude oil has suppressed, and some manufacturers have lowered their quotations.
It has been heard that there are even lower negotiations, market sources are still sufficient, downstream demand is not good, transactions are average, the market continues to fluctuate, and the downside is limited.

    On the last trading day (July 13), the domestic epichlorohydrin market continued to be sluggish, and low prices continued to be suppressed.

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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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